IMAGE
Grosz, Christopher, 1947-:[2nd bailout for Greece] - 24 July 2011
- Date
- 2011
- Reference
- DCDL-0018900
- Description
Deputy President of Greece Karolos Papoulias bails water from a boat with "Greece" on the bow while the boat sinks in to a bath tub. Context - Last month it was reported that the Government was borrowing $19.9b, $5b more than required to fund the $14.9b cash deficit. In November the Government will have to make its largest-ever debt repayment of $7.6 billion and has been stockpiling cash to pay it. Treasury said it was the largest-ever debt repayment and it naturally carried a high level of risk. (NZH 12 July 2011) Greece has more than 350bn euros of debt, and the IMF warned last week than it needs an additional 100bn euros in aid on top of last year's bail-out to avoid a default. European governments are struggling to put together a second bailout of Greece that would supplement a 110 billion euro rescue launched in May last year. (BBC News 17 July 2011)
Quantity: 1 digital cartoon(s).
- Use/Reproduction
- Please check copyright
- Access restrictions
- No access restrictions
- Part of
- Grosz, Christopher, 1947- :Digital cartoons
- Format
- 1 digital cartoon(s), Works of art, Digital images, Cartoons (Commentary)
Click to request to view this item, access digital version (if available), and see more information.
Usage
Purchasing this Item
This item is available as a high resolution download. A request to buy an image can take up to 10 working days to approve. It will depend on copyright and how the image is going to be used.
If this item has multiple pages, or is several items attached to a single record, you can use this form to order your copy.
Using this Item
You cannot copy this item except for the purpose of 'fair dealing' under the NZ Copyright Act. It cannot be used commercially without permission
If reproducing this item, it is helpful to include the following credit:
If reproducing this item, it is helpful to include the following credit:
Grosz, Christopher, 1947-:[2nd bailout for Greece] - 24 July 2011. Grosz, Christopher, 1947- :Digital cartoons. Ref: DCDL-0018900. Alexander Turnbull Library, Wellington, New Zealand. /records/29942080More information can be found in our terms of use.