Pages

Thursday, June 11, 2015

Bundesbank chief warns Greek insolvency risks are rising

Greece now has less than three weeks until its bailout programme expires.Latest: Greek unemployment hits 26.6%Communist union protest against another bailoutBundesbank chief warns insolvency risks are risingEl-Erian: ECB’s reputation and finances now at riskS&P: Real deadline is July 20Markets keep climbing 12.13pm BST Greece’s national economy minister Giorgos Stathakis has revealed that any new deal eventually carved out for debt-stricken Greece will include increased taxes.That’s a first for a sitting politician representing the governing radical left Syriza.EcoMin Stathakis. Syriza officials appear on state TV panel for 1st time in 2 years after ERT relaunch #Greece pic.twitter.com/VzCC9fIzN0 11.44am BST A lot of Greek officials are locked out of the finance ministry today, as today’s anti-austerity protests continue. “Enough of memoranda, new measures and poverty” Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com