Greek politicians yesterday secured the final piece of the bail-out jigsaw, securing the much needed money from the EU and IMF and preventing the Hellenic Republic from a disorderly default by the middle of next month. It looks as though German banks will follow their French counterparts in agreeing to roll-over maturing Greek debt, but the penal rate of interest Greece will have to pay to the banks looks like a high (and unsustainable) price to pay for what seems like a token gesture to the EU in providing private sector support for the bailout.
The weather has finally warmed up in the City and hopefully reading how much more we’ve raised for charity over the past 2 months will give you a warm feeling inside too! The London office has collected a very reasonable £351 which means that the co-operative wall total is now £9385. Well done everyone! We are edging closer to the magic 5 figures.
So how did each charity do?
Tommy’s £165.50
Salaam Balak Trust £90.60
National Animal Welfare £95.80
Tommy’s was clearly the favourite charity this time, but who will we be supporting over the next 6 months. An update