Saturday, February 11, 2017

Greece's Debt Crisis Returns



Reuters: Greece says bailout deal close, Juncker says it's on shaky ground

Greek Prime Minister Alexis Tsipras warned international lenders on Saturday not to heap new burdens on his country but said he believed the drawn-out bailout review with them would end well.

European Commission President Jean-Claude Juncker, however, said the deal was "on shaky ground" because the International Monetary Fund had not decided what role it would play.

The comments came a day after Greece and its international lenders made clear progress towards bridging differences over Athens's fiscal path in coming years, moving closer to a deal that would secure new loan disbursements and save the country from default.

Read more ....

WNU Editor: Here we go again.

More News On Greece's Debt Crisis

Tsipras hits back at IMF, Germany over debt impasse -- AFP
Tsipras confident on bailout review but urges no more burdens for Greece -- Euronews
Greece Faces Creditors in Brussels in Bid to Salvage Talk -- Bloomberg
Greece's huge debt crisis 'will lead to Grexit': Investors pull out their money after finance chiefs warn the country may be forced out of the EU -- Daily Mail
Greece is in trouble again over its 'explosive' debt – here's why -- Ben Moshinsky, Business Insider
Is Greece Really On the Verge of Another Financial Crisis? -- Milton Ezrati, National Interest

2 comments:

RussInSoCal said...

All the Governments that could help Greece, and have in the past, have run out of patience with Greece and have other problems of their own.

James said...

Greece, they're always there when they need us.