Saturday, 14 July 2012

Greek Crisis Creeps Back To The Center Stage…

Greek Crisis Creeps Back To The Center Stage…

Greek Crisis Creeps Back To The Center Stage...
by Henry Liu on July 10, 2012
(GR) Press reported that the next tranche for Greek aid may be delayed until the middle of September. The EU/IMF/ECB Troika draft indicated that the program there is completely off track. There is no political will to extend the fiscal program. The report indicated that there will be no funds for internal needs until program on track, and no Greek concessions until the full Troika report. (GR) Greece Fin Min Stournaras: Greece requires additional €3B in measures for 2012; measures must be decided in weeks. No new decisions expected before Sept. It is very unlikely that Greece will receive an ...

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