14 Aug 2015
Eurogroup and Greece back to scene – Danske Bank
FXStreet (Edinburgh) - Senior Analyst at Danske Bank Christin Tuxen remarks the relevance of today’s Eurogroup meeting and the Greek third bailout.
Key Quotes
“The eurogroup meets at 15:00 CET today to discuss the third aid package for
Greece”.
“While the agreement is expected to be approved by the finance ministers it is not yet a done deal”.
“Germany continues to prefer a temporary bridge loan to give more time to negotiate a final agreement”.
“It also fears that the IMF will not in the end be able to participate due to its concern about debt sustainability”.
Key Quotes
“The eurogroup meets at 15:00 CET today to discuss the third aid package for
Greece”.
“While the agreement is expected to be approved by the finance ministers it is not yet a done deal”.
“Germany continues to prefer a temporary bridge loan to give more time to negotiate a final agreement”.
“It also fears that the IMF will not in the end be able to participate due to its concern about debt sustainability”.