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5 messages in this thread [ view entire thread ] * Capital flight in Greece A staggering ?8bn-?10bn (?7bn-?8.7bn) may have been taken out of Greece by private investors since it became engulfed by economic turmoil in November.
Under pressure from the European Union and international markets to rein in the nation's ?300bn debt, socialist prime minister, George Papandreou, announced last week that he would have to enforce tough deficit-cutting measures. But the coming austerity package is leading panicked wealthy Greeks to divert their savings out of the country.
* staggering? staggering ? is 8 a lot?
friar, the US produces 1.5B/ hour.. * Re: Capital flight in Greece Okay, peanuts for the US but what does Greece produce per hour? * Re: Capital flight in Greece they should be happy to see some austerity measures
* creditors are doomed NT
Mister Kowalski - Sun Feb 7 2010 at 9:00 PM
susan - Sun Feb 7 2010 at 10:27 PM
rich - Sun Feb 7 2010 at 11:15 PM
bearjr1 - Sun Feb 7 2010 at 11:46 PM
instead of more debt and spending.
susan - Mon Feb 8 2010 at 9:47 AM
Reply to 'Capital flight in Greece'
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