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Daily Archives: June 24, 2015

No Breakthrough – Greece talks to continue at 11 pm

After 6 hours the meeting between Greek PM Alexis Tsipras with EC’s Juncker, ECB’s Draghi and IMF’s Lagarde concluded without a positive result, without a deal. Apparently the differences between Greece and its creditors remain. Immediately after,  the Eurogroup started and thus despite the fact due to lack of Tsipras-creditors …

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What did the IMF do wrong with Greece? Almost everything

There is no doubt that the international Monetary Fund imposed a not only a strict austerity program in Greece – as in many other countries. Moreover, the Fund has created a downright mess in the Euro-member country as it apparently could not deal with a currency that cannot be devalued. …

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EU Commission stopped funds for Greece’s ERASMUS program?

That’s an interesting development in the context of the negotiations between Greece and its creditors, one of them being the European Commission. While there are several hints* that the EC is deliberately cutting the flow of structural funds to Greece. The news comes from Italy and thus from the official …

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