Speculation on Greek default mounts as EU demands still more cuts

By Robert Stevens 

11 February 2012

Following days of talks in which Greece’s governing parties finally agreed to a massive programme of spending cuts, euro zone finance ministers on Thursday upped the ante, demanding an additional €325 million in cuts in exchange for a loan of €130 billion ($170 billion). Without the new loan from the “troika”—the European Commission, European Central Bank (ECB) and International Monetary Fund (IMF)—Greece will default on its debts of more than €350 billion on March 20. On that date it is required to repay bonds of €14.5 billion it previously sold.

With speculation mounting of a possible forced exit from the euro, the unelected governing coalition led by Prime Minister Lucas Papademos is pledging to meet whatever requirements are demanded of it in a parliamentary vote expected to be held Sunday.

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Economic Crisis, Riots, Unrest - Welcome to the Next Thirty Years

The future's so bright I gotta wear shades

LONDON - England - The crisis perpetuated by Greece 's EU debacle is symptomatic of a much wider problem infecting the whole global economy and experts at a leading think tank have revealed an all encompassing plan by the elite to bring anarchy and unrest to the world until the next system is brought into place by force.

The institute has revealed a damning report detailing some horrific plans for the future.

"The plebiscite that survive the coming anarchy and destruction will be very few and to their honour they will be rewarded by the elite scientific experts for their Darwinian sturdiness," Keith Wallace, a key researcher and expert at the Institute of Population Control in Hampstead, London, wrote in the most recent research paper.

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