More Greece headlines…..

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More Greece headlines…..





They just keep coming…

IMF Lagarde:

  • Today, as is, Greek debt is not sustainable
  • Wants more details on Greek debt measures in coming weeks
  • More needs to be defined, to appreciate Greek debt

ESM’s Regling:

  • Greek disbursement will cover debt in July
  • Greece can use extra cash to build a buffer
  • Greek disbursement sufficient until the end of the year

Germany’s Schaeuble:

  • Euro group has agreed with the IMF will launch a program for Greece but payout will be later
  • It is for the German parliament’s budget committee to decide if this is a significant change to the bail out program.   























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