And one day they might Fiscal pact has sufficient flexibility France will meet EU deficit target in 2015 (Which one? The missed 2013 target or the missed 2014 one?) Greece will return to correct fiscal path Greece may meet aid … Continue reading
MNI reporting that the Eurogroup of finance ministers headed by Jeroen Dijsselbloem is expected to insist that Greece add another 7,000 public sector layoffs by the end of the year The numbers are linked with Greece’s convergence programme. Both the … Continue reading
Greek PM is said to have told Provopoulos that his contract will not be renewed when it expires later this month Reports on Bbg citing sources from Greek media site www.ekathimerini.com who add that finance minister Yannis Stournaras will take … Continue reading
Prior -1.6% CPI -2.0% vs -2.2% exp. Prior -1.3% It was going so well for them too. Better news on April industrial production which missed the -1.4% estimate to post at -2.2% but still up from MArch’s -3.1%
German spokeswoman Marianne Kothe is on Bloomberg confirming comments made by Wolfgang Schaeuble, in a magazine article Sunday, that Germany is ready to consider further aid to Greece. She says that the comments re-affirm Germany’s position on Greece. Schaeuble said that … Continue reading
Unofficial but Bloomers cite a draft report. We’ll have to wait until tomorrow for official confirmation but the Greeks won’t mind that being leaked. Funny how countries kick up a stink when they’re getting cut eh?