18 Feb 2015
Greece taking centre stage… again – Danske Bank
FXStreet (Edinburgh) - News and events from Greece regarding the recent proposal of an extension of the loan agreement will be in the limelight today, according to Kasper Kirkegaard, Chief Analyst at Danske Bank.
Key Quotes
“Greece is expected to request an extension of its bailout programme today, according to a senior cabinet minister who has briefed media”.
“The report states the new Greek government will request a compromise along the lines of the deal proposed by the European Commission economic chief Moscovici on Monday, before the Eurogroup discussions broke down”.
“According to international media, who have talked with officials involved in the discussions, the plan would allow Greece to extend its bailout programme for four months in exchange for agreeing to a number of principles including: a commitment to continue economic reforms, a commitment to continue running a primary surplus, and a commitment to pay creditors. In exchange, Greece would be given more freedom in designing its economic reforms”.
Key Quotes
“Greece is expected to request an extension of its bailout programme today, according to a senior cabinet minister who has briefed media”.
“The report states the new Greek government will request a compromise along the lines of the deal proposed by the European Commission economic chief Moscovici on Monday, before the Eurogroup discussions broke down”.
“According to international media, who have talked with officials involved in the discussions, the plan would allow Greece to extend its bailout programme for four months in exchange for agreeing to a number of principles including: a commitment to continue economic reforms, a commitment to continue running a primary surplus, and a commitment to pay creditors. In exchange, Greece would be given more freedom in designing its economic reforms”.