Relevant:
- Greece Welcomes Its New IMF Overlords With Day Of Rioting And National Strikes
- Stocks Plunge As IMF Tells Greece To Plug Holes Or It Pulls The Plug
- Third Greek Bailout Suddenly In Jeopardy: Creditors Warn Cash May Be Delayed If Elections Don't Go As Desired
- Germany will have to yield in dangerous game of chicken with Greece
- The Greek crisis will flare up again. And why should it not?
2010-04-22 — zerohedge.com
"We warned you (here and here). EuroStat reports that the Greek budget was really 13.6% of GDP and the Debt/GDP is more like 115.1%. Greek bond spreads explode to a ridiculous 562 bps on the news, 3 years are at 870, and 5 year CDS is at 565."
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