Greece may receive aid tranche in next few weeks to pay arrears – Dow Jones

View Comments

Greece’s international creditors considering whether to grant small tranche in the weeks ahead.

Dep FinMin Sachinidis speaking on Mega TV said the funds would go to paying off part of the 6 bln accumulated arrears the government owes private contractors.

The official opined that the disbursement could come before the Greek elections saying “There is a discussion that, likely before the elections, we will get a tranche that will allow us to pay some of, not the total of, the arrears.”


All|Economic Data|Europe|Regions


Gerry Davies


  1. As far as the tape bomb, I guess every 10 pips in the EUR/USD helps.:)

  2. id call it 20-ish pips (a bomblet) ;)

  3. Good morning Gerry,
    If the euro were to be done away with, what would become the the big currency to follow? The GBP? What was FX mkt like before EURO?

  4. Hi Steve, I guess you’d just go back to USD/DEM being by far the biggest traded pairing like in the old days. I think the markets were more fun in the old days. You had all the european crosses (IE MARK/PARIS, MARK/GUILDER, MARK/LIRA, MARK/PESETA) which made for greater variety and variety is the spice of life… (so I’m led to believe)


© Copyright 2015 ForexLive™  |  Advertise With Us  |  Login To Comment  |  Sitemap

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.