Friday, April 3, 2015
EU Meltdown as Greece prepares for Grexit
Greece Prepares RETURN to DRACHMA! Can't Pay IMF as China and Russia Bailout!
Greece is continuing to struggle to make its payments but has stated that it will pay pensions first before its creditors like the IMF. This is positive for the people's view of the government but will be undoubtably painful when the IMF makes their demands. If Greece cannot pay up on a consistent basis, they may be forced to revert back to their old currency, the Drachma. Although initially this seemed highly unlikely, the talk of this occurring has been more frequent.
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