Breuss: „We Must Feed Them All“

More+Comment ♦ Published: September 21, 2012; 19:43 ♦ (Vindobona)

The Austrian economist expresses his concerns regarding the second package for Greece.

Breuss: „We Must Feed Them All“ / Picture: ©

In an interview with Kurier, Fritz Breuss (WIFO – Austrian Institute of Economic Research) explained that the second aid package for Greece becomes more likely. The troika of ECB, EU and IMF are expected to grant another loan of € 30bn to the problem country. “Whether this is economically reasonable, remains to be seen.”

Officially, the decision will be announced at the…