In fact, in this case, the update may be 3
I'm joking,
in fact The IMF is founded in fact better
European Dept Crisis
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Re: European Dept Crisis
Whoops a bit hasty there, they got a 'lifeline' or rescue, meaning they still pump money into the bank, but in form of loans and pumping it more "orderly" than a bail-out. Which is better than a bail-out, but still meaning that tax money will go into this project. Bailout is a nasty word that the politicians want to avoidBalthagor wrote:Are guarantees considered bailouts?
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