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Tag Archives: imf reaction

Reuters: IMF denies pressing Greece on Debt Restructure

According to Reuters ,, the International Monetary Fund on Saturday denied a report in German magazine Der Spiegel that it was privately pressing Greece to restructure its debt. “As we have said consistently, the IMF supports the Greek government’s position of no debt restructuring and its determination to fully service …

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Moody Moody’s downgrades Greece’s capital, Athens, as well

No, it’s not a joke! It’s bitter serious!  Rating agency Moody’s is very moody recently and downgrades whatever “Greek” crosses its way. So, beware to avoid a Moody and its small Moody’s, should you see one on the streets. Moody Moody’s will downgrade you personally by 3 notches and define …

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Moody’s: Losses of a possible Greece’s Default at 50%

One day after Moody’s downgrade by 3 nothes, Sarah Carlson, analyst at Moody’s Investors Services said that the losses of a possible default will be around 50% for creditors. Speaking to Greek economic portal Capital, Carlson said that “any estimation of losses in the event of a default would be speculative”. …

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Moody’s downgrades Greece on beginning of Lent-What a great sense of humor!

The guys working at the rating agency Moody’s must have an extra ordinary sense of humor. On the Greek Orthodox Holiday “Clean Monday” marking the beginning of the Lent and the fasting before Eastern,  the Moody’s decided to enforce believers or not to go into a strict diet on the perspective of …

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