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10 Apr 2015
Greece deal near – Blueprint Capital
FXStreet (Barcelona) - Greece having made the due IMF payment, the FM of the Hellenic Republic has asserted than the country is ‘keen to agree a deal’, notes the Blueprint Capital FX Desk.
Key Quotes
“Greece will strike a deal on its bailout loan before the end of this month even if it invokes a political backlash, but its Eurozone creditors must be prepared to compromise, finance minister Yanis Varoufakis said yesterday.”
“He further went on to say ‘Greece is keen to agree a deal but at the same time we need a fiscal plan that makes sense’.”
“Despite a tense standoff with its creditors, the left-wing government has agreed to continue fiscal austerity in Greece, but wants the extent of austerity reduced. The government at least found the cash to pay the IMF loan repayment that was due yesterday.”
Key Quotes
“Greece will strike a deal on its bailout loan before the end of this month even if it invokes a political backlash, but its Eurozone creditors must be prepared to compromise, finance minister Yanis Varoufakis said yesterday.”
“He further went on to say ‘Greece is keen to agree a deal but at the same time we need a fiscal plan that makes sense’.”
“Despite a tense standoff with its creditors, the left-wing government has agreed to continue fiscal austerity in Greece, but wants the extent of austerity reduced. The government at least found the cash to pay the IMF loan repayment that was due yesterday.”