Greece Government Says Bailout Should Come With No Additional Burden

Any deal between Greece and its lenders concluding its bailout review should not impose additional austerity on the public, government spokesman Dimitris Tzanakopoulos said on Thursday.

“The Greek government is negotiating with responsibility and resolve … but all of that must, however, be without any additional burden, and without additional costs for Greek society,” he told a news briefing.

Tzanakopoulos said present discussions with lenders were focused on bridging differences over a baseline scenario of Greece’s economic performance post 2018.

via Kitco

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza