Showing posts with label Greece. Show all posts
Showing posts with label Greece. Show all posts

Friday, 17 July 2015

Greece & Nigeria: A Tale of Two Bailouts

 AS it so often happens, the best hope for answers to thorny issues is by relying on history. To that effect, I would like to turn to the Greece financial quagmire, her negotiation for a bailout by the eurozone authorities which has been very intense, if not controversial,and incidentally has a parallel to the recent situation where some financially insolvent states in Nigeria have requested for and received approval by president Buhari for a similar financial bailout.