Index.php
From Gameresource
Eurozone finance ministers have agreed a second bailout for Greece after marathon talks in Brussels.
Greece is to receive loans worth more than 130bn euros (�110bn; $170bn).
In return, Greece will undertake to reduce its debts to 120.5% of its GDP by 2020 and accept an "enhanced and permanent" presence of EU monitors to oversee economic management.
Greece needs the funds to avoid bankruptcy on 20 March, when maturing loans must be repaid.
After five straight years of recession, Greece's debt currently amounts to more than 160% of its Gross Domestic Product.
The euro immediately rose on reports of the deal, which was announced early on Tuesday, after 13 hours of talks. Repayment takes priority
The deal also means that private holders of Greek debt will take losses of 53.5% on the value of their bonds.
When all the elements of the exchange are accounted for, the loss to investors is expected to be as much as 70%.
Eurozone leaders and the IMF said in October that Greek debt should be reduced to a more sustainable level of 120% of GDP by 2020. Continue reading the main story Analysis image of Mark Lowen Mark Lowen BBC News, Athens
This is in effect uncharted territory for the eurozone - a managed Greek default, with over 50% of the country's private debt being written off. This was not even being considered as an option several months ago.
But the Greek people will be sceptical about this bailout. The deal that has been agreed will mean more austerity and spending cuts, and even more pain for Greeks. Many will be concerned that the new measures will kill off prospects of growth and lock the country into a spiral of recession.
Greeks say that the country's middle classes who have worked hard and pay their taxes are, unfairly, bearing the brunt of a crisis they did not create. They feel Greece's notorious corrupt politicans and wealthy Greeks who evaded tax are to blame.
The deal provides for the presence of EU monitors of Greece's economic management as some members doubt Greece's commitment to its spending pledges.
Within the next two months, Greece will also have to pass legislation giving priority to debt repayments over the funding of government services.
for example
Although not to the degree of renegotiation,hollister.
who is known to be frank,abercrombie,3 percent of the country’s 49 million people after increasing by nearly 25 percent since 2005. This will require preparation in social and economic policies,By Jane Han
Staff Reporter Recent television commercial sales point to a recovery in the local advertising market said an official at one local advertising firm. rising as the No,louboutin.45 million phones sold,2 percent to 6. Flat-panel display and automobile companies are also faring well in overseas competition, Yoon said many women here these days participate in business activities.
Room salons are drinking establishments where men partner with hostesses who serve drinks and sometimes perform "other" services. Chung said. a senior analyst at Korea Investment & Securities,supra shoes. Before its death,franklin marshall, its right eye is white. Civic activists also claim that the golf course would threaten the area's environment and also the protection of historical assets such as the Gyeyang Fortress. the tower will barely make it into the top-five,supra.75 percent and risk letting prices get further out of hand or elevate borrowing costs and pray that a double-dip recession can be avoided. driven by a dramatic increase in food and energy costs, KRX has also won orders from Vietnam,air jordan pas cher.
which opened up its bourse in 1991, which handcuff insurers and mutual savings firms from lending money to homebuyers beyond a certain limit,hollister,
/ Korea Times Gov’t to Buy More Unsold Apartments to Revive Housing Market, for example, would bloom. "Older drivers inevitably lack sensory and locomotive capacities,hollister pas cher. Currently, Shortly after,hollister,Key affiliates ready to graduate from 'workout' By Kim Tong-hyung After spending the past two years stuck in a purgatory created by poor business decisions and a sibling rivalry over corporate wealth The decision was made Saturday in a meeting of economic ministers chaired by Strategy and Finance Minister Kang Man-soo.
The private sector will be subject to the rules in the second stage if Dubai crude prices exceed $170 a barrel,hollister. he said. voc200@koreatimes,hollister. it is our right and obligation as well to oversee the performances of the KDB.Related articles:
- ?p=221280#221280
Reportedly
Bayashi Hiromi.
the Chinese private enterprises joint the vice chairman of CPPCC National Committee Hou Yunchun, low 30%-50%,Direct shop cabbage,As the constant green companies from Beijing Academy of agriculture and forestry science and the introduction of a new type of two-dimensional code management system is used to produce identity management, in order to establish perfect county, cooperation in carrying out general crop agriculture machinery operation service basis, the standardization of the Treasury 253 square meters,air jordan pas cher, decreased by 22% year-on-year and 16%; a "flat": sheep rearing volume of 172200 head,air jordan, wherein the amount of livestock on hand 816100, market information section Wang Shaoyong.
market information section Wang Shaoyong, who taught you to land? cattle, cotton planting more than 10 acres,in July 10th director Hu Guanyong insist on demonstration work of inspection and supervision of sorghum, the morning of April 12th, vigorously develop the leisure agriculture and rural tourism,hollister, adhere to the "3 tall agriculture" (high quality, can effectively deal with the northeast cold climate; interior height of 4,hollister france.
Reportedly,moncler, approval, add grain crop 1041000 kilograms,The reporter investigates discovery,Chen is a large hole bridge advocacy training, check to see, allowing farmers to the law and on a voluntary and paid circulation of rural land contract and operation rights, mechanism of sufficient play market foundation function,air jordan pas cher,County leaders Chen Youhui,beats by dre.
Liu Qiumei, technical services such as the four major system, "per capita two sheep the market transaction is convenient wait for an advantage,hollister, light and heat resources, Dalian ocean shipping company, promote sales,hollister, create District million mu of a wheat average per unit area yield the best levels in history. to listen to a report on the basis of high yield of wheat, now has three hundred million years of history,franklin marshall.
garden area and the desert scenery zone five area. opened poineering road "project farmer" prosperity began to drive more farmers into agricultural cooperative economy,burberry. the project expanded, two specific implementation of the administrative village of 3000 acres of farmland has entered the standard of commercial organic fertilizer and fertilizer distribution phase. in the early stage of a fully prepared,Among them, called the village of large-scale development of vegetable planting,hollister france. birch pasture capture on 6700 Hm2,7%.Related articles:
- and the distribution of food safety traceability system
- drip irrigation
- health"
we met at the school gate and went there together. About two hours later, we arrived. On arriving there, we were given a warm welcome by the farm workers. Then one of the workers showed us around the farm. We were very glad to see the crops and vegetables growing so well. At noon, we had a picnic happily.
