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Athens News Agency: News in English, 11-04-13
CONTENTS
[01] KKE: Bankruptcy has begun
[01] KKE: Bankruptcy has begun
(ANA-MPA) -- "Greece's bankruptcy has already begun, but it is not yet
completed," Communist Party (KKE) leader Aleka Papariga warned during a
press conference on Wednesday, noting that a part of the capital has
already been devaluated, while state bonds have also depreciated, the
social security funds have losses of up to 30 percent, payments have
been suspended, and the state property has also depreciated.
She opined that Europe was divided on whether the restructure of the
Greek debt should be done now or later, and was waiting to see what
will happen with Spain before deciding.
In that light, with regard to the sale of state property, the pressure
will increase and its value will decline further, given that the
candidate buyers will wait until the last minute in order to profit
more, Papariga added.
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