Eurozone ministers approve $170 billion bailout for Greece
Written by Simon Tilford, 20 February 2012
"What the Greek economy is going through basically is a massive demand shock," said Simon Tilford, chief economist at the CER. "Unless they help the Greek economy back to growth, then I don't think there's any chance of the Greeks being able to abide by the terms of this bailout."
Link to press quote:
http://www.latimes.com/news/nationworld/world/la-fg-greece-bailout-20120221,0,5037184.story
