Crossing the Bloomberg .... more headlines from the IMF on Greece, from an updated debt-sustainability report on Greece:
- Greece financing need est. 25b euros more vs two weeks ago
- IMF sees Greece financing needs of 85 bln euros through 2018
- Greek debt relief options include 'deep upfront haircuts'
- Says Greece's debt-to-gdp to peak at 200% next two years
- Greek bank closures compounded nation's economic woes
- Says Greece's public debt is 'highly unsustainable'
- Greece needs far more debt relief than Europe considering
I don't see how this is much/any different to what we got much earlier ... IMF finally says what they think about Greece
EUR unresponsive .... old news