...
Even though Greece recently made a payment, I keep reading of more and more problems piling up even as their .gov keeps obstructing and delaying payments. Promises, promises. Cozying up with Russia (Russia may want to re-think loaning money to Greece, even for the pipeline to transit Greece). But maybe Russia would get a warm-water naval base...? China too (after a "contribution")?
I have been reading about how Greece "will bring down the Euro" since 2010, yet nothing seems to happen. Yet, they now have Syriza, apparently hard-left (?) regime.
Today their central government has asked the municipalities to send their "excess cash" to the Greek central bank...
Anybody here know much about Greece and their financial system (in particular the consequences on non-payments)?
Would a Greek default really bring larger but similar problems like Spain and Italy?
If Italy falls then France will. France falls, Germany will. Then it hits our shores...
