Punk in Finland

Greece three weeks away from 'potentially disastrous' debt problems, says IMF

A failure for Greece and the EU to reach a compromise by 20 February ‘would bring back Grexit with a vengeance’.

Greece’s embattled government has three weeks to break the deadlock in increasingly difficult talks with creditors or risk the country’s debt crisis resurfacing with renewed vigour.


Faced with the dilemma of agreeing to additional austerity or calling fresh elections, prime minister Alexis Tsipras was weighing his options at the weekend. Fears of further uncertainty in Europe’s weakest member state mounted as the International Monetary Fund (IMF) predicted that Greece’s debt load could become “explosive” by 2030.

“It is critical that a compromise is found,” said Aristides Hatzis, professor of law and economics at the university of Athens, noting that a slew of elections across Europe would only make Greece’s predicament worse.

“If these negotiations are not wrapped up by 20 February [when eurozone finance ministers next meet] we could be looking at potentially disastrous political turmoil, which would bring back the scenario of Grexit with a vengeance.”

Sexy Football wrote:Meno maailmalla on nyt sellaista, että noinkohan yhdellä Grexitillä edes ylitetään uutiskynnystä.

She-wolf of the SDP wrote:Tää Kreikan tukeminen tulikin jytkyille kuin tilauksesta ennen vaaleja

Esson merkki rinnassa wrote:Joku väsynyt vitsi professorista, joka on Hatzis.

She-wolf of the SDP wrote:Kuntavaalijytkyt vastustaa ja kuntavaalien jälkeen hallituspersut hyväksyy

dumbo wrote:Mites sille sosialismille kävi?