Bloomberg : IMF ‘partner in a project that, by its own analysis, is bound to fail’
Bloomberg — The deal struck last week between Greece and its euro-zone creditors is business as usual — and that’s not a good thing. This […]
ECONOMY
China’s State Grid seals Greek power deal
Shanghai Daily — State Grid Corp of China, the China’s biggest utility, said yesterday that it had completed purchase of a 24 percent stake in […]
Brussels warns on Greek debt sustainability
eKathimerini — The European Commission expresses serious concern over the sustainability of the Greek debt in an analysis attached to its report on the completion […]
IMF takes ‘unusual’ steps for Greece
channelnewsasia.com — By promising on Thursday (Jun 15) to approve a new aid plan for Greece, but without releasing any money, the IMF has again […]
Eurogroup agrees to unlock cash to pay themselves – IMF agrees to join in after the programme is finished
Al Jazeera — Eurozone ministers struck a long delayed bailout deal with Greece to unlock rescue cash to pay themselves and avoid a Greek default, […]
ECB said to be unlikely to include Greece in QE in coming months
Bloomberg — The European Central Bank is unlikely to include Greek bonds in its asset-purchase program for the foreseeable future, a person familiar with the […]
Top German lawmaker: Emphasis on growth, not debt relief
Naftemporiki — “A difficult balancing act” is the way a top one German lawmaker described Wolfgang Schaeuble’s task at the upcoming Eurogroup meeting, where Greek […]
Last remaining ‘prior actions’ passed through parliament ahead of Eurogroup meeting
Naftemporiki — The coalition in Greece held firm on Friday during a vote for the latest round of “prior actions” demanded by creditors in order […]
Moscovici urges Greece’s lenders ‘not to play with fire’
Euractiv — Speaking at an event in Paris last Thursday, Economic Affairs Commissioner Pierre Moscovici said “I would really like to deliver a very clear […]
Schäuble: Disagreement with IMF the main reason why Eurogroup failed to agree debt relief terms
Handelsblatt — Finance Minister Wolfgang Schäuble attacked the International Monetary Fund for being too pessimistic about Greece as part of an international row over debt […]
Draghi: ECB won’t buy Greek Bonds before debt deal
Bloomberg — The European Central Bank will not consider including Greek government bonds in its asset purchases program before a pending bailout review is concluded […]
Gerry Rice: IMF position has not changed
Answering press questions on Greece, Wednesday, the Fund’s spokesman Gerry Rice made the following comments: “Greece has legislated a strong package of reforms, which the […]
“No Greek debt relief needed if primary surplus above 3 percent/GDP for 20 years”
Reuters on Wednesday quoted a “confidential paper” prepared by European Stability Mechanism (ESM) which concludes that Greece will not need debt relief by European creditors if […]
Eurogroup, IMF fail to agree on Greek debt – No conclusion of programme review
Euro zone finance ministers have failed to agree a deal with Greece which is needed to unlock the next instalment of its multi-billion euro bailout. […]
Deal between Greek power company, China’s CMEC on hold after Commission objection
Naftemporiki — A high-profile agreement between state-run Public Power Corp. (PPC) and Chinese utility operator CMEC is on hold, according to Greek Deputy Economy Minister […]