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Tag Archives: creditors

Breakdown in talks, as Greece walks out in Brussels. Now what?

The Greek delegation walked out the negotiations with creditors representatives in Brussels on Sunday afternoon. During the meeting that lasted 46 minutes, the Greek side submitted revised proposals but they were considered as “insufficient” by the creditors. A difference gap of 2.6 billion euro remain between the two sides. According …

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Greece – Creditors’ Game of Nerves: It’s Now or Never?

A crucial – the most crucial – meeting between Greece and its creditors is taking place Sunday afternoon in Brussels. Greek delegates are to meet the representatives of the three Institutions IMF, EU, and  the EFSF for a so-called “final effort” to reach an agreement on the Greek debt problem. …

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Greece’s battlefield: All Quiet on the Brussels Front…

A strange silence is hanging over the Greek battle field. Exhausted physically and mentally German, Greek and IMF soldiers are hiding in the trenches, tired of the frequent battles and the dirty conditions of the economic warfare. It is the monotony between the bailout program review battles, the constant threat …

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Greece sends additional Reforms Proposals to Brussels

The Greek government sent additional reforms proposals to creditors in Brussels this morning. A source from EU told AFP that the creditors are “now in the process of studying… counterproposals’ submitted today. No details about the content of the 3-page draft have been made known. It seems that the Greek …

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Tsipras- Juncker to meet in Brussels: intermediate deal in sight?

Prime Minister Alexis Tsipras is heading for Brussels today following an invitation by European Commission President Jean Claude Juncker. The two men had a telephone conversation Tuesday evening and Juncker invited Tsipras to talk about the Greek proposals. According to latest reports, Eurogroup head Jeroen Dijsselbloem will attend the meeting …

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Survey: 48% support SYRIZA, 54% approve Gov’t negotiations attitude

Despite all odds. Despite all pressure and “bankruptcy” threats and blackmails. 48% of Greeks support left-wing SYRIZA and 54% approve the government’s approach in negotiations with lenders, while 58% want that the Government does not step back under the creditors’ pressure. The majority of respondents reject the additional austerity measures …

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