Greek Bailout Wards Off Disaster — For Now
February 21st, 2012 10:23 pm Associated PressBRUSSELS (AP) — A second, euro130 billion ($172 billion) bailout and a deep debt write-off for financially stricken Greece will ward off a financial disaster in Europe.
Economists, however, only give the deal a slim chance of putting the country on the path to economic recovery — and steadying its place in Europe’s currency union.
