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Daily Archives: February 6, 2017

Draghi: Greece must complete 2nd review and have sustainable debt to join QE

A sustainable Greek debt and completion of the second review of the Greek programme are necessary prerequisites for Greece’s inclusion in the quantitative easing, European Central Bank (ECB) President Mario Draghi said on Monday. Addressing the European Parliament’s Economic and Monetary Affairs Committee in Brussels, Draghi explained that the sustainability …

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IMF report: Greece’s debt ‘highly unsustainable’, cut pensions, tax increases for the poor

‘Greek public debt is highly unsustainable, the International Monetary Fund said in a report to be discussed during a board council meeting in Washington later today. The report, exclusively presented by Athens News Agency, said that the Greek economy faced four challenges. The country’s public debt was highly unsustainable the …

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Greek Minister urges Schaeuble to leave the Euro zone

“If Schaeuble continue this policy then we will see bilateral agreements between countries of the [European] south, there is no other. Discussions between the French, Spanish, Portuguese and Greek diplomacy are already on the way. We do not cede the euro to anyone, if Germany wants this then Germany should …

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When Turkey urges ‘dialogue’ with Greece, Ankara has nothing good in mind

Turkey’s Defense Minister Fikri Işık called on Greece to solve the problems between the two neighbors through dialogue amid escalating tensions between the two NATO allies. Işık said the neighboring countries should work together to solve their problems. But what are the problems between the two countries, what kind of …

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