Monday, October 31, 2011

Oops!

Tyler Cowen:

Greece’s prime minister unexpectedly announced a referendum to approve a second EU bail-out deal for his austerity-hit country, less than a week after it was agreed with international creditors at a European Union summit.

More here, and here, but that’s all you really need to know. The so-called eurozone deal didn’t last a week, not that there was ever a deal in the first place.

p.s. they’re not going to vote yes on the referendum!

Interesting times.