New York Times: Greece Flashes Warning Signals About Its Debt
WASHINGTON — By the standards of his frenzied schedule here last week, the meeting on Friday between Yanis Varoufakis, the Greek finance minister, and Lee C. Buchheit, the dean of international debt lawyers, was a quiet one.
There was none of the media scrum that had followed Mr. Varoufakis around town during the semiannual meetings of the International Monetary Fund and World Bank, as he paid calls on the I.M.F. chief, Christine Lagarde; the head of the European Central Bank, Mario Draghi; the United States Treasury secretary, Jacob J. Lew, and even President Obama.
But the get-together with Mr. Buchheit carried critical meaning, according to experts here. After all, it was Mr. Buchheit who helped broker Greece’s most recent debt refinancing, in 2012.
WNU Editor: This is not going to end well .... and it has a very real chance of impacting everyone in his or her pocketbook.
More News On Greece's Debt Crisis
Eurozone crisis: Grexit edges closer as markets brace for Athens default -- The Guardian
Fears grow over Greece exit after ECB says Europe is 'equipped' for fallout -- The Independent
Greece's Varoufakis warns of Grexit contagion -- Reuters
Greece Remains Defiant as Creditors Up Pressure for a Deal -- Bloomberg
Greek Economic Crisis Dominates IMF, World Banking Meetings In Washington -- IBTimes
Greece hunts for cash to stay afloat -- Business Today
Delamaide: IMF faces tipping point over Greece -- USA Today
1 comment:
Sometimes I wish Greece just pulls "off" an Iceland and starts anew. I am growing soooo tired of Greece getting another loan and then 2 weeks later declaring they're on the brink again!
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