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Friday, 7 October 2016

Greek Debt Sustainability Concerns; Half Bailout Tranche Delayed


Bloomberg: IMF, Germany Still at Odds Over Greece Debt as EU Sees Concerns

“The debt is not the problem of Greece, the problem of Greece is gaining competitiveness,” German Finance Minister Wolfgang Schaeuble said at a panel discussion in Washington on Thursday, noting that Greece doesn’t have to pay interest on its debt for more than a decade. “They have committed themselves and now it’s up to them to deliver.”

Επιμένει το ΔΝΤ σε ελάφρυνση χρέους και συνταξιοδοτικές μεταρρυθμίσεις. MSN/capital.gr

IMF will stay out of Greek bailout, to take special status - sources, Reuters

Bailout subtranche delayed - ekathimerini

Eurogroup Approves 15 Milestones and Unlocks Half of Bailout Tranche for Greece, Greek Reporter

Greece Needs Clarity on Debt to Regain Market Access, Bloomberg

Gov’t OKs bill on out-of-court debt settlement, eKathimerini

Coalition concerned by home repossessions ahead of SYRIZA congress

Greece in 2050: A country for old men, eKathimerini

Euro 'house of cards' to collapse, warns ECB prophet, The Telegraph - "Prof Issing slammed the first Greek rescue in 2010 as little more than a bailout for German and French banks, insisting that it would have been far better to eject Greece from the euro as a salutary lesson for all. The Greeks should have been offered generous support, but only after it had restored exchange rate viability by returning to the drachma".

Where the European monetary union went wrong - Joseph Stiglitz's new book The Euro: and Its Threat to the Future of Europe shows up faults in the design, and implementation, of the European project - The New Statesman, Simon Wren-Lewis



































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