– Greece headed into ‘out of control bankruptcy’ – govt. salaries and pensions soon to go unpaid (Natural News, May 13, 2012):
The financial crisis in Greece is reaching an explosive tipping point, with the youth unemployment rate now exceeding a startling 50 percent and the government itself announcing it will be forced to stop paying salaries and pensions by June:
“We will be in wild bankruptcy, out-of-control bankruptcy,” said Theodoros Pangalos, the deputy prime minister of Greece. “The state will not be able to pay salaries and pensions. We have got until June before we run out of money.” (http://www.telegraph.co.uk/finance/financialcrisis/9262068/Greece-wil…)