Report on the emerging craft shells rescue plan following the annual craft shells meeting of the IM

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World leaders say publicly that there is no plan for a Greek bankruptcy, craft shells but reports indicate that officials are already working on a plan as Greece gets rid of some of their debt but will remain in the Eurozone. Europe debt crisis craft shells policy
Robert Peston of the BBC says it is expected to involve 50% of the massive Greek debt write-off. The plan also envisages an increase of the Eurozone rescue fund to 2 trillion euros. European governments hope that the plan will be ready in five to six weeks. The price for failure would be the financial crisis, which grows into a recession or something worse.
Investors has not yet taken the speed with which politicians deal with the debt crisis in the Eurozone and analysts say the calm equity markets are necessary deeds and not words. Over the weekend G20 reaffirmed its commitment to a "strong and coordinated international response" to the crisis, craft shells but analysts warned it to satisfy investors will not be enough. "Given that there are no details will not involve any mitigating market stress without some concrete action," said Mitul Kotecha at Credit Agricole.
Report on the emerging craft shells rescue plan following the annual craft shells meeting of the IMF in the capital of the United States last week. The package should include quadruple strengthening the European Financial Stability Fund (EFSF) from the current 440 billion. World leaders say publicly that there is no plan for a Greek bankruptcy, but reports indicate that officials craft shells are already working on a plan as Greece gets rid of some of their debt but will remain craft shells in the Eurozone. The third element of the rescue craft shells plan is to strengthen the major banks in the Eurozone that have too little capital to absorb losses.
Greek Minister of International Economic Relations Constantine Papadopoulos said that leaving the euro would be a disaster for Greece. "Personally, I think that leaving the euro area we went back to 1960 or 1970," he told the BBC. Later he explained that he did not refer to the political situation at the time when the military took power, but the standard of living and the structure of the economy. This week is scheduled to return to the EU and IMF officials in Athens to review the country's progress in plans to reduce the deficit. Since it depends on the release of the next tranche of aid for Greece.
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