Articles by Manfred Ertel, Christian Reiermann and Anne Seith
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A Fatally Flawed Recovery Plan: Greece Back on the Brink
Manfred Ertel, Christian Reiermann and Anne Seith – Der Spiegel,
13 Jun 2011
Greece needs even more money — EU officials estimate that a new bailout will cost over 100 billion euros rather than the previously assumed 60 billion. It will get the aid, even though the rescue strategy adopted so far seems doomed. The economy is shrinking, and ambitious privatization plans are illusory.
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