Greece Moves The Goalposts Again

Moodys says #Greece's renewed tensions with creditors 'signal delays in second programme review, a credit negative'.

— Yannis Koutsomitis (@YanniKouts) December 19, 2016

Unicredit Hits The Skids

UniCredit to raise billions and cut 14,000 jobs https://t.co/jRZmEQjVHh

— BBC News (World) (@BBCWorld) December 13, 2016

IMF's Useless Greek Predictions

The forecasts the #IMF has run so far turned out spectacularly wrong, #Greece Econ Min Papadimitriou tells @BloombergTV #economy

— Manos Giakoumis (@ManosGiakoumis) December 13, 2016

Greece Caught Between Rock and a Hard Place

IMF:More debt relief,lower surpluses after 2018. Schäuble:IMF in program,but no relief nor lower surpluses. Enough w/ games against #Greece.

— Dim. Papadimoulis (@papadimoulis) December 8, 2016

Greece should do itself a favour, and leave the Eurozone.

IMF's Greek Fantasy - Sunday Opening

According to daily To Ethnos, the IMF submitted a demand to the Greek government last Friday via an e-mail that all stores be open on 52 Sundays per year, and to legislate this measure within the month of December.

The Fund claimed that this measure was including in the first tool kit of the OECD that was not implemented.

All very well and jolly in a wealthy consumer driven economy. However, Greeks are living in penury.

How much extra will they buy if stores are open on Sunday?

Bugger all!

Greece Tells IMF To Fuck Off

Govt spokesman Tzanakopoulos: #Greece has made it clear it won't accept new measures for period after 2018. "Ball is in IMF's court."

— Nick Malkoutzis (@NickMalkoutzis) December 6, 2016

Greek Crisis Hasn't Gone Away

Whilst the media have been distracted by Brexit and Trump, the Greek debt crisis hasn't gone away.

As per the Wall Street Journal Germany and the Netherlands have promised their parliaments that they won’t ask for more money for Greece unless the IMF also resumes lending to Greece.

However, the IMF won’t do this unless it is satisfied that Greece’s debt burden is sustainable. For the IMF, this is a question of institutional credibility. It has already put its name to two failed programs, and it is determined that it will only join a third program if it is convinced that Greece can return to the markets at the end of it, its financial sovereignty restored.

Fat chance of that!

Coming Soon - Meat Free Fivers!

"Just time for a quick look at the headlines. The Times leads with..." pic.twitter.com/n0mat8HqWE

— Stephen Graves (@stephengraves) November 30, 2016