Thursday, July 9, 2015

Europe rebounded strongly

European markets rebounded strongly on Thursday on hopes of a new bailout deal for Greece as Germany bows to huge global pressure, especially from the US, for debt relief for Greece.

 
Many European nations that are smaller and poorer than Greece such as Slovakia, Latvia and Lithuania that have faced crisis themselves, forced to swallowed the austerity medicine are against a new bailout deal for Greece.
 
 
Pensioners and other poor people in these smaller countries just wonder why they are being asked to pay to bail out their far richer Greek counterparts that have been enjoying their Mediterranean sun all these years.
 
 
 
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