Tag Archives | Economy

Netherlands Claims Greece Will Go Bankrupt

According to the Dutch news program RTL Nieuws, the Ministry of Finance announced that Greece is not in the position to avoid bankruptcy. The Dutch government noted that bankruptcy is a matter of time and the question is not the exact date but how this bankruptcy will be faced with less consequences. Finance Minister Jan [...]

“Greeks will start begging soon” says Turkish State Minister

In a speech praising the high economic growth in Turkey in 2010, Turkish Deputy Prime Minister Bulent Arinc said “Greeks will start begging soon to survive.” Bulent Arinc spoke at an inauguration ceremony at Urfa in Southeast Turkey: “In 2010 Turkish economy scored a 9% growth rate. This is an incredible result. Due to the [...]