Join our team

Join our team

From writers to DJs, designers to valuers, there's a job for you! Click here to apply

Join our team
Competitions

Competitions

Win yourself coins, tokens and VIP from our lovely Comps department!

Competitions
Limited Edition Rares

Limited Edition Rares

Find out more about your LTD and help us track owners over on our Wiki!

Limited Edition Rares
Loading...
Loading...
...
Greece On the Course For a Bailout0
By - Posted 4th July, 2015 at 9:35 pm

Just recently has Greece signed a deal for a €130 billion bailout program.

Just today Greece signed deal with the European Union and International Monetary Fund, for a €130 billion bailout program.

 
More than 85% of the bond holders agreed to the deal. The last hurdle before the €130 billion bailout program was to reconstruct Greece’s government bonds. This move is vital to Greece’s current financial situation.


The one downside to this new plan is that Greek bond holders could have losses of up to 75%, say some experts on the subject.  Now that the deal is accepted, European finance officials can begin the bailout plan as soon has Friday.

Here is what Deputy Prime Minister Evangelos Venizelos had to say on the subject, regarding the new bailout plan:

“I wish to express my appreciation to all of our creditors who have supported our ambitious program of reform and adjustment, and who have shared the sacrifices of the Greek people in this historic endeavor.”

Overall some fantastic news. Hopefully Greece will be back on its feet as soon as possible.

Have anything to say on the subject? Why not post it below by clicking on ‘Read More & Comment.’

Powered by WPeMatico

Like! (No Ratings Yet)
Comments

Comments are closed.

  • Send a message to the DJ
  • Events Timetable
  • Upcoming DJs
  • Latest Competitions
    Thread User
    Animal Quiz Jigsaw ~Ends October 9th
    tbl
    How Cool Are You? ~Ends October 4th
    someboyrafa
  • Latest Forum Posts
    Thread User
    October Daily Gift Calendar
    NattyNatNat
    What's the last thing you ate or drank?
    Chipmunks
    What was the last thing you watched?
    Chipmunks
    What was the last web page you visited?
    Chipmunks
    Countdown from 2023 before 2023
    Chipmunks
    A-Z Countries of the World
    Chipmunks
  • Latest Wiki Edits
    Wiki Page User
    Golden Decanter
    MadameJaquack
    NFT Furni
    Laura
    Emerald Trophy
    Flyingpigs
    Official Fansites
    Ekelektra
    Fansites
    Ekelektra
    Credit Furni
    Symbols
  • @Habbox Twitter
    [Forum] Quarterly Arcade Comp Winners ~ JUL - SEPT https://t.co/kNFbe1R6Ij
    [Forum] Monthly Posting Statistics - SEPTEMBER https://t.co/pQPbNZ2t6P
    Join Habbox in celebrating the possibilities of building on Habbo, with a stunning bunch of Classic Public Room bui… https://t.co/J7lDcBMxrR
    For anyone who hasn't seen it: some sketches from way back in 2007 by one of Habbo's designers who's been around si… https://t.co/nu43Ym3hsn
  • Latest furni
    diamond_painting73 name
    diamond_painting71 name
    diamond_painting68 name
    diamond_painting66 name
    diamond_painting65 name
    diamond_painting64 name
    diamond_painting67 name
    Gem Snake
    Gold H-Phone
    Peacock Vase
    Prime Geode
    Solid Gold Stag Head
    Golden Decanter
    Divine Statue
    clothing_bohonecklace name
    Boho Print Shirt
    Clumsily Tied Bun
    Adorable Sunhat
    Tiger Accessories
    Hello Kitty Backpack
    test_nft_clothing2 name
    Hello Kitty Hat
    clothing_laalaa name
    clothing_dipsy name
    clothing_po name
    clothing_tinkywinky name
    Blue Sapphire Star Hat
    Pearl Grey Star Hat