15.7% in the same time frame. greece has now been at a junk credit rating since april 2010. here s the sad reality for the brussels bailout brigade. imf research shows that every country defaults has been precisely in the same situation. it s no wonder that eu officials are finally acknowledging without intervention, this saga could end in tears. while the country s reliance on its european neighbors might seem clear, the key to its recovery lies within its own borders. he spoke to cnn earlier. otherwise, we shall be at the mercy of credit rating agencies and the continuous pressure of the market and whatever has done in terms of structuring and whatever else, i m sure this will be just a few days and the