Sunday, May 9, 2010

Last Call

And apparently that $560B "crisis fund" for Greece has been approved by the various EU ministers.
The ministers, meeting in Brussels, Belgium, sought to ease markets shaken by the Greek economic crisis before they re-opened Monday.

Under the deal announced early Monday, the International Monetary Fund could provide up to 220 billion euros (US $280 billion) to the crisis fund in addition to the EU's contribution of 440 billion euros, Spain's Finance Minister Elena Salgado said.
 That'll last.  Monday's going to be real interesting.

Especially since the EU doesn't have the money.  Guess they'll print it.  Hey, it's working for Helicopter Ben, right?

Right?

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