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