Some ten days ago, New Europepublished the following:

“German Chancellor Angela Merkel and French President Nicolas Sarkozy have come up with a new plan for Greece – to create a blocked bank account, through which Eurozone will pay for the interest rates and the maturing bonds of the country's debt, so that Athens will never go bankrupt.”

This means that the new package of soft Eurogroup loans of €130 billion in favour of Athens will not be released in one g...


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