Greek crisis at a fever pitch

By scott miller

With the clock ticking and the insults flying, the Greek crisis reached a fever pitch last week. As has been the case since February, nothing concrete was done to head off the nation’s impending default and possible eurozone exit.By the end of this month, Greece’s bailout comes to an end and it will lose the chance (barring an extension) to get the last €7.2 billion it so desperately needs. At the same time, Greece will have to make a bundled payment of €1.6 billion to the International Monetary Fund (IMF) — money it doesn’t have. This past week, both sides …

Source:: Vail Daily Feed