The EU would intervene in markets if Greek borrowing costs don’t fall, the PM says. Speculators betting against Greece must be made to feel they will lose money, adds the PM. Short of buying Greek debt or providing debt guarantees … Continue reading
Sounds as though the German chancellor is somewhat less enamored of the idea of a European Monetary Fund to handle fiscal problems like the one facing Greece than she was earlier this week. She says it is a good idea … Continue reading
Greek PM Papandreou is on the wires saying Greece is soing what is necessary to deal with the budget crisis and that it is not trying to find scapegoats for its problems. He says if Europe does not create an … Continue reading
The worst of Greece’s financial crisis is over and other European nations won’t follow in its path, says former European Commission President Romano Prodi. Well, that’s OK then. Excellent.
Measures taken by Greece convince ECB, IMF, European Commission Best contribution from IMF on Greece is its analysis of the situation Responsibility for Greece’s future lies with euro zone countries
Latest from AEP at The Telegraph.
Naked CDS trading is the target of Greek officials as they fan out across Washington, appealing for support from the US. The finance minister also says Greece cannot close it s budget gap with interest rate spreads of nearly 300 … Continue reading