Greece Referendum: Expected Outcomes For Bitcoin and The Euro

Greece Referendum: Expected Outcomes For Bitcoin and The Euro

With the day of Greckoning looming, xbt.social takes a look at what is at stake in the Greek referendum, its expected outcomes, and the implications for the Euro and for Bitcoin. Greek Debt Crisis Timeline. The Greek Debt Crisis began in December 2009 when several rating agencies including Fitch, Moody's and Standard & Poor downgraded Greece for fear of government defaulting on ballooning debt. Government responded by introducing austerity packages to curb spending on public services. In April 2010 Greece formally requested an international bailout under Prime Minister George Papandreou,....


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