GREEK DEBT: The Worst Case Scenario

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by Joe Weisenthal, businessinsider 21/02/2012

Greek Debt

What's interesting is that the line they call the "baseline" is obviously the best-case scenario, and that assumed the government achieve a primary budget balance of 4%.

On the flip side, if the government only achieves a primary budget surplus of 2.5%, Greek debt will quickly race back towards the 160% debt-to-GDP level, which nobody thinks is sustainable.


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