Greece’s conservative opposition party New Democracy just rejected the government’s push for a new austerity round.
According to Bloomberg, Antonis Samaras slammed the government’s policies that “won’t ignite growth” and are a “failed formula”
There may be some support for more asset sales.
At the same time, once again, top European leaders are calling a debt restructuring a “horror scenario” that would have rippled effects across other countries, banks, and insurance companies.
Obviously, something has to give.
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