While the politicians had been struggling to avoid the inevitable default of euro member, the day has finally came. According to today Wall Street Journal, politicians are seeking a new financial plan, which will seek 30 billion Euro contribution from private-sector creditors.
One year ago:
We will do anything to stabilize Euro.
1 month ago:
We may consider soft-restructuring.
1 day ago:
Lets ask 30 billion from private creditors.
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