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14 Apr 2015
Is Greece marching towards a default? – DB
FXStreet (Edinburgh) - Analysts at Deutsche Bank reviewed the recent rumours regarding the likeliness of Greece defaulting on its debt.
Key Quotes
“Greece was once again the main focus in European markets”.
“Yesterday the FT ran a piece suggesting that the Greek government is preparing to declare a debt default unless it manages to reach a deal with its creditors by the end of the month”.
“Meanwhile, with tensions running high and time running out, the EU Commission President Dombrovskis said yesterday that technical negotiations are ongoing but that talks are ‘very complicated’ and much ground still needs to be covered before the April 24th Eurogroup meeting”.
“Finally German newspaper Bild yesterday suggested that the Greek government is considering early elections, however this has subsequently been downplayed by Greece officials”.
Key Quotes
“Greece was once again the main focus in European markets”.
“Yesterday the FT ran a piece suggesting that the Greek government is preparing to declare a debt default unless it manages to reach a deal with its creditors by the end of the month”.
“Meanwhile, with tensions running high and time running out, the EU Commission President Dombrovskis said yesterday that technical negotiations are ongoing but that talks are ‘very complicated’ and much ground still needs to be covered before the April 24th Eurogroup meeting”.
“Finally German newspaper Bild yesterday suggested that the Greek government is considering early elections, however this has subsequently been downplayed by Greece officials”.