Experience Stern | News & Events

Excerpt from Bloomberg -- "'Greece has already run out of money and lives with emergency compulsory borrowing from pension funds and from European agricultural support money in transit to farmers,' said Nicholas Economides, a professor at Stern School of Business, in New York. 'Unless there are new loans from Europe or alternatively the ECB allows Greek banks to buy more Greek debt, Greece will default at the end of March,' Economides said in an e-mail."

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