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This article was published June 12, 2015 at 16:31.
The last change is the 12 June 2015 at 18:15.
As in a game of pocker tension over Greece continues to rise between bluff and twists . After the resounding decision of the IMF’s delegation to pack in Brussels on Thursday evening and return home to Washington to sign an agreement not “dirty”, ie not taking into account debt sustainability greek, rumors coming from Bratislava that the sherpa of eurozone finance ministers would discuss for the first time a case of a default of Greece among the possible scenarios.
This was reported by Reuters and the news has obviously had a major impact on equity markets, fixed income and the euro, which has also suffered a blow to the words of German Chancellor Angela Merkel before an audience business men in Berlin admitted that a strong euro does not help reforms in countries in crisis like Spain and Portugal. A statement in favor of Q and Mario Draghi and against the policy of the Bundesbank which opposes maneuvers unconventional monetary policy. Bild also said that Berlin would be working on a hypothesis of a Greek default, hypothesis then denied by the German government.
To return to Greece really is not the first time that at the technical level we look at the possibility of a Greek bankruptcy, but it is clear that becomes an element of volatility when creditors and Greece are to the beats finals and now the time is really running out, because at the end of the month ending on the aid program. No need to release the tension clarification of European Commission President Jean-Claude Juncker that he referred to as the return home of IMF officials does not mean that the IMF will be pulled from the negotiations. He looks forward to the meeting on Thursday of finance ministers in Luxembourg, where a representative of the IMF is still expected while Athens insists that his government will not accept new cuts in wages and pensions and pointing to a primary surplus lower than ask creditors without giving up a debt restructuring that while running at 177% of GDP to 320 billion euro.
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