Greece issues in holiday…until September

Posted: August 3, 2015 in Uncategorized

In Greece also the crisis foes in holiday in August!

But we will find it back in September.

A few standing points

– Syriza’s convention in order to address the unruly part of the party  and the third bailout has been postponed to September

– The IMF is asking major changes/reform in order to agree to participate to the bailout

-The 20 August there is a new large tranche of debt to be repaid (but this would be a non – issue as Europe will lend the money to repay itself).

In short the most probable outcome is a new election between October and December

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