Greece: On the verge of bankruptcy.

To be sure, Greece is bankrupt. What we mean by "on the verge" is the final admission that it is bankrupt.


The Greek Finance Minister had talks with EU authorities. Positions are now hard and not changeable. Greece does not want bailouts with conditions. Also, the new govt wants to rehire govt workers fired and raise the minimum wage. The Eu is NOT agreeable.


If February passes without further infusion of money, Greece will be unable to pay anything.