Proposals
Greece wants an overall political solution and a road map for the new negotiations
The Greek government is aiming for a political solution to the second evaluation. For this reason they want a road map in order for the technical negotiations to begin.
Schulz warns against Grexit speculation
Social Democratic Party (SPD) chancellor candidate Martin Schulz has warned against fresh speculation of a Greek exit from the euro area saying it is putting European unity at stake.
"Anyone flirting with the idea of Grexit risks breaking Europe apart," the former president of the European Parliament told Die Welt on Monday.
- Read more about Schulz warns against Grexit speculation
- Log in to post comments
Amid global uncertainty, Greek worries stalk markets - again
Nothing is inevitable in financial markets - except perhaps the return of Greece as a source of concern.
More than seven years since Greece's sky-high debts first unnerved investors and stoked speculation of the end of the euro currency, the country is back in the spotlight for the same reasons.
Economist: Three reason why Grexit is still relevant
Ted Malloch: Greece would be better off outside the eurozone
Donald Trump’s possible choice for US ambassador to the EU, Ted Malloch, is in favor of a Greek exit from the eurozone, which he believes is something that will happen at Athens’s request in a year or a year-and-a-half from now.
Voutsis douses Grexit speculation
Parliament speaker Nikos Voutsis has doused renewed speculation about a Greek exit from the euro area in the wake of comments by SYRIZA's parliamentary spokesman Nikos Xydakis that MPs should hold a debate about the crisis-hit country's membership of Europe's single currency.
- Read more about Voutsis douses Grexit speculation
- Log in to post comments
German Press: Wolfgang Schäuble wants Grexit
According to the German newspaper Bild Wolfgang Schäuble’s CDU will try to revive 2015’s Grexit talk as the upcoming elections will be drawing nearer. Although many things are happening in the same time, like Brexit, Trump, the refugee problem etc. the Greek problem still remains relevant.
- Read more about German Press: Wolfgang Schäuble wants Grexit
- Log in to post comments
Germany says expects IMF to participate in Greece's bailout
Germany believes the International Monetary Fund will participate in Greece's bailout and it is too early to start thinking about other arrangements should the IMF bow out, a spokesman for the German finance ministry said on Monday.
Guardian: Grexit looming if deal not reached between Greece and creditors
The correspondent of British The Guardian in Athens warns that time for the Greek government to strike a deal with its creditors is rapidly running out in an article entitled “Greece has three weeks to deal with ‘potentially disastrous’ debt, says IMF”. The article says that a failure to reach a compromise by February 20 would bring back Grexit with a vengeance.
From The Guardian:
Bofa Merrill Lynch: The Greek government’s social package can lead to more problems
Right after Moody’s warning about the Greek economy, Bofa Merrill Lynch came forward with a statement that criticizes the Greek government. According to the statement, the bonus to the pensioners that the Greek government announced was a unilateral decision that not only violated the agreement, but was also based on an overoptimistic calculation of the expected surplus.