I couldn't title this article any better. We know there are legal issues dealing with the European bailout mechanism, we also know that Angela Merkel has thrown her political career on the pitchfork over this issue, it is HIGHLY UNPOPULAR with the German people and why shouldn't it be?
Now, there's a potential issue of a referendum and we know how that will go down with the German people already fuming and ready to send Merkel packing.
You have to read the story for yourself, it is very, very bad for Greece and probably the market as well.
Maybe the G7 will pull a rabbit out of their collective hats?
5 years ago
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