Back

Greek PM Samaras sees no fiscal shortfall for 2014

FXstreet.com (Barcelona) - Greek PM Antonis Samaras visited Berlin on Friday to hold a meeting with German Chancellor Angela Merkel and discuss Greece's progress on its bailout commitments. The Greek leader said he did not see a shortfall in Greece's aid program and assured that the country would not ask for any additional funds.

Samaras expressed hope that the negotiations with the Troika international lenders would end soon. He assured that Greece would continue implementing the necessary reforms in order to receive the next tranche of aid.

Angela Merkel admitted that Greece had made considerable progress in implementing reforms, which would be evident in the primary surplus. She acknowledged the sacrifices made by the Greeks and urged the country to deliver on its commitments as this is the only way further funds could be released.

"And what I am taking away from everything discussed today is that it's not very easy but it's doable," the German Chancellor said.



Debt Crisis Timeline

Follow the chronology of events that affected currency markets since the onset of the financial crisis.


TimelineJS was created and built by VéritéCo and the Knight News Innovation Lab

GBP/USD scope to test year high of 1.6380

The upward momentum of Pound may have paused, but is no way reversing: after reaching a weekly high of 1.6216 this Friday, the GBP/USD spent most of the day consolidating around the 1.6200 level.
Đọc thêm Previous

Flash: AUD/USD is under pressure - Commerzbank

Karen Jones, Head of Technical Analysis at Commerzbank notes that AUD/USD is breaking down further and we regard this weeks high at 0.9449 as an interim peak...
Đọc thêm Next