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Wednesday, 18 February 2015

Greece: Jack Lew calls Varoufakis - US Treasury Secretary Intervention



Reuters

(Reuters) - The United States urged Greece on Wednesday to strike a deal with European authorities and the International Monetary Fund over a financial lifeline for the debt-laden nation, warning that failure to reach agreement would lead to immediate hardship. The message was relayed in a phone call between U.S. Treasury Secretary Jack Lew and Greek Finance Minister Yanis Varoufakis".

From FT

"Secretary Lew noted that failure to reach an agreement would lead to immediate hardship in Greece, that the uncertainty is not good for Europe, and that time is of the essence".

Mail Online

Yanis Varoufakis @yanisvaroufakis

US Treasury Sec did indeed tell me that nonagreement would damage Greece. He added that it would also damage Europe. Advice to both sides!

BBC Update on ECB emergency funding

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