Viewpoint wrote:Another moron, what is the GDP of the south?
What is the current national debt of the south?
What is the %
Add to national debt another 10 billion Euro and what do you get?
Work out the % and iyou ll find its near enough the same as Greece.
You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time. Abraham Lincoln.
Someone tell the Fascist Simpleton that they're double counting...
...the 10 Billion will pay off some of the debt, paid off as CY Bonds become redeemable... and a Troika condition of getting the money is that the repayments of an interest-free (in real terms) loan are sustainable.
So much so, that there's a 10 year Grace Period before even starting to repay the loan...!!!...
nothing need be repaid 'til 2023...!!!Anyone else want to borrow money at 2.5% interest and not start repayments for 10 years...???