An unwanted week of Bank Holidays with all the banks shut, (even the National Bank of Greece in London), Capital Controls with EUR 60 a day cash withdrawal limit, although the French still say there is time for a deal, but with Greece due to make a EUR1.6bn payment to the IMF on Tuesday….. we shall see.
The EUR debt crisis and its solutions have been likened to kicking a can further down the road each time a repayment crisis loomed and the payment due was rolled up into a future one. Has Greece now reached the (dead) end of the road?
Solutions Edge 