Greek Debt Crisis

While Americans are counting down the days til the presidential election, Greece is counting down til the next meeting of  Eurogroup where they will decide whether to pay out another 31.5 billion Euros which Greece needs to avoid bankruptcy. There are a few problems standing in the way of getting this bailout. First and most important, is that Greece needs to put a new austerity plan in place before the bailout would be approved and Prime Minister Samaras must convince Parliament to adopt this plan. The other problem is that the newly formed government is in danger of falling apart. Greece needs this bailout to get it's financial status stable in the next two years. Time is running out as the Eurogroup meets on November 12.http://www.presseurop.eu/en/content/news-brief/2986481-chaotic-countdown-bailout-or-bankruptcy