The European Commission, European Central Bank, the IMF and the Greek government will unveil Greece's austerity programme on Sunday morning in Athens, euro zone spokesman Guy Schuller said. The euro zone finance ministers will meet a few hours later in Brussels to approve the loan package and spell out its full size, he said.
If euro states fail to engineer a Greek bailout that calms markets, the rest of the EU could end up footing a bill of half a trillion euros ($US650 billion) to save several nations, economists say. And thats just for Greece...bring on the rest of the pigs....Portugal, Italy, and Spain...in any case this money will ahve to be found and more besides to calme the markets...geeeezzzz.