Bloomberg quotes EZ source: 50% chance of comprehensive solution for Greek program at Eurogroup meeting

18 May 2017
131 Views

Bloomberg quoted what it described as a high-ranking Eurozone official on Wednesday who forecast that the chances of achieving a comprehensive agreement over the Greek program at Monday’s Eurogroup meeting are “50-50”.

The same source also emphasized that at present there is no agreement on the table to guarantee the sustainability of the Greek debt, with such a prospect also given a “50-50” chance on Monday.

The top EZ official merely confirmed the widely reported disagreements between creditors over the debt issue. Moreover, the same source said the IMF’s involvement in the Greek program is a condition for the continuation of the bailout.

The agenda for Monday’s Eurogroup meeting, according to Bloomberg, includes a briefing over the “preliminary agreement” between the embattled Tsipras government and creditors over structural reforms.

You may be interested

Financial Times: “Please stop promoting Varoufakis and his works”
POLITICS
shares81 views
POLITICS
shares81 views

Financial Times: “Please stop promoting Varoufakis and his works”

makis - Jun 28, 2017

Stephen C. Capsaskis sent a letter to the Financial Times with an interesting request: He wants them to stop promoting…

Greek brain drain on a steady rise
GREECE
shares96 views
GREECE
shares96 views

Greek brain drain on a steady rise

makis - Jun 28, 2017

Just under a quarter million Greeks have opted to relocate abroad for work purposes in the first four months of…

Marcus Berg signs with Arab club Al Ain
WORLD
shares75 views
WORLD
shares75 views

Marcus Berg signs with Arab club Al Ain

makis - Jun 28, 2017

Swedish international striker Marcus Berg will continue playing football in the United Arab Emirates after he signed a contract with…

Leave a Comment

Your email address will not be published.