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PSI Talks Interrupted – Dallara Left Athens for Paris…
Posted by keeptalkinggreece in Economy
The Greek PSI-cho thriller continues, as Greek bond swap talks were interrupted in Athens. Leaving Greeks behind to cook in their own broth, head of Institute of International Finance Charles Dallara left Saturday morning for Paris. Greek media report that the negotiations got stuck on the key issue of the interest rates of the new Greek bonds. Some claim that Dallara would meet representatives of the IMF/EU/ECB as the Troika insists on an interest rate of some 3%.
Dallara would also inform the representatives of major banks, i.e. Greek bond holders, about the Greek proposals. Dallara’s negotiations with the Greek officials via the telephone over the weekend.
Reuters and Agence France Press quoting a source close to negotiations reported that the PSI deal is unlikely to be reached before the upcoming week. “Things are complicated, we come closer to numbers but there is still much work ahead” the same source noted.
Ex PM dances with Costa-Rican hairdresser?
A mean Greek news portal reported that while Greeks undergo a dramatic “haircut”, former PM George Papandreou will be main speaker at a Socialist-International meeting in Costa Rica on Monday. Why not? What should the leader of coalition government partner PASOK do in Athens, when even Dallara has left the country?
Popularity: 9% [?]
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Nero danced while Rome burned
Now Dallara enjoys his Last Tango in Paris
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