EU Package Won’t Cure Countries’ Insolvency: Roche

Airtime: Mon. May 10 2010 |

We have a $700 billion to $1 trillion rescue package being thrown at countries “which are patently insolvent,” David Roche from Independent Strategy said Monday. He added that EU leaders have not addressed how the austerity measures are going to be enabled to help these countries become solvent again.

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4 replies
  1. Archtop Acoustic Guitars
    Archtop Acoustic Guitars says:

    I truly don’t understand why anyone would disagree with that. I think that sounds like it is something to look a lot more closely at. I really feel sometimes alot of people can be pretty narrow minded.

  2. Daragh O'Sullivan
    Daragh O'Sullivan says:

    Something needs to be done for businesses and individuals facing insolvency. I’m not sure if these political measures will achieve what is proposed but for those facing bankruptcy legislation that enables them to deal with their debts and move on is absolutely critical in the coming years.

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