Spain’s Luis de Quindos says he sees a clean Spanish exit from from the bailout program and that he expects to close the aid program today. Portugal’s vice PM Paulo Portas has been watching Irish exit negotiations with interest. France’s … Continue reading
They’ve just successfully completed their final bailout review says the finance ministry.
Irish and Spanish outlook has improved All options open on Irish exit Will discuss Portuguese exit in Q1 2014 Will discus Greek exit in 2123 (yes I made that up) Greek discussion in Dec or Jan Sees broad support for … Continue reading
Proclaims the Irish aid program a success story. Following hot on the heals of Olli Rehn earlier today. Says it is up to Greece to take steps for a successful review See Greece needing between €5-6bn to plug 2014 funding … Continue reading
Both Spain and Ireland have see important economic turnarounds EU works well together with the IMF Olli Rehn speaking to reporters in Luxembourg
Just to keep some continuity to my earlier post, Portuguese CPI fell to 0.1% from 0.2% y/y while Irish headline CPI and HICP stayed put at 0.2% and 0.0% respectively.
Aiming for precautionary credit line to replace bailout Wants any new post-bailout conditions to focus solely on banking sector So says a government source via BBG
2014 forecasts lowered to 2.1% from 2.5% says govt on track to meet 2013 deficit target should stick to EUR 5.1 bln fiscal adjustment target And yes, we are a bit desperate for news!