THE EUROPEAN UNION FINANCE MINISTERS CONTROVERSIAL EXTENDED DEBATE FOR THE ALLOCATION OF THE FINANCE RESCUE PACKAGE TO GREECE HAS BEEN FURTHER EXTEND-

THE EUROPEAN UNION FINANCE MINISTERS CONTROVERSIAL EXTENDED DEBATE FOR THE ALLOCATION OF THE FINANCE RESCUE PACKAGE TO GREECE HAS BEEN FURTHER EXTENDED.



The European Union Finance Ministers controversial extended debate on the allocation of both loan and the European Union Finance Rescue Package to Greece has once again ended with no compromise for the solution expected by voting and this has resulted in the further extension of the debate until February 27th in the year 2012. However, the Greek government refusal of a foreign country bail out, rather than that of a European Union member nation which could be similar to China bail out of Portugal and the European Union Finance Ministers emphasis on insufficient finance saving policy of the government in Athens required by the European Union bank credit line regulations which neither qualifies Greece for the loan, nor the Finance Rescue Package allocation may infact cause the predicted total State bankruptcy, if both the government in Greece and the European Union Finance Ministers do not jointly seek alternative solution and prevent the predicted total bankruptcy of a European Union member country.