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20 May 2015
Greek debt talks remain stalled – DB
FXStreet (Edinburgh) - Analyst Jim Reid at Deutsche Bank has remarked the recent developments from Greece.
Key Quotes
“Staying in Europe, talks between technical teams from Greece and its creditors continued again yesterday”.
“The ECB’s governing council will today discuss access for Greek banks to the ELA facility which is coming under greater scrutiny as the weeks pass”.
“Yesterday we heard from both German Chancellor Merkel and French PM Hollande pushing for acceleration in talks and citing an end-May deadline”.
“The urgency was reiterated by German finance minister Schaeuble who, while praising Greece for making progress in ‘sub-areas’, also said that negotiations are too slow”.
“Bloomberg headlines suggesting that Greek PM Tsipras had told lawmakers that the proposed tax overhaul plan won’t gain creditors approval and another offer will need to be submitted will only weigh on the time pressures”.
Key Quotes
“Staying in Europe, talks between technical teams from Greece and its creditors continued again yesterday”.
“The ECB’s governing council will today discuss access for Greek banks to the ELA facility which is coming under greater scrutiny as the weeks pass”.
“Yesterday we heard from both German Chancellor Merkel and French PM Hollande pushing for acceleration in talks and citing an end-May deadline”.
“The urgency was reiterated by German finance minister Schaeuble who, while praising Greece for making progress in ‘sub-areas’, also said that negotiations are too slow”.
“Bloomberg headlines suggesting that Greek PM Tsipras had told lawmakers that the proposed tax overhaul plan won’t gain creditors approval and another offer will need to be submitted will only weigh on the time pressures”.