kaya'08
DP Veteran
- Joined
- Nov 25, 2008
- Messages
- 6,363
- Reaction score
- 1,318
- Location
- British Turk
- Gender
- Male
- Political Leaning
- Centrist
Greece is considering taking legal action against U.S. investment banks that might have contributed to the country’s debt crisis, Prime Minister George Papandreou said.
“I wouldn’t rule out that this may be a recourse,” Papandreou said, in response to questions about the role of U.S. banks in the crisis, in an interview on CNN’s “Fareed Zakaria GPS.” The program, scheduled for broadcast on Sunday, was taped on May 13. U.S. stocks fell and the euro slumped on concern that Europe wouldn’t be able to contain the debt crisis stemming from Greece. The Standard & Poor’s 500 Index declined 1.9 percent on May 14, while the euro fell below $1.24 for the first time since November 2008.
Mr Papandrou, the horrific state of the Greek economy is as a result of GREEK stupidity and arrogance. First convenient claims that Germany had not properly compensated Greece during the WWII occupation of Greece, and now US banks are the sole reason Greece is on the verge of anarchy!
How low of you all!
http://www.hurriyetdailynews.com/n.php?n=greece-may-take-legal-action-against-us-banks-2010-05-16