by Bill McBride on 2/14/2012 01:16:00 PM
Note on McAfee: For some users, McAfee incorrectly flagged CR. I've spoken to McAfee, and hopefully this is resolved. You can check Google's site evaluation here.
Tuesday, February 14, 2012
From the Financial Times: Euro ministers cancel Greece meeting
“It has appeared that further technical work between Greece and the troika is needed in a number of areas, including the closure of the fiscal gap of €325m in 2012 and the debt sustainability analysis,” [Jean-Claude Juncker] said in a statement that followed a preparatory meeting for the event.There will be conference call instead, and then the regular meeting next Monday.
“Furthermore, I did not yet receive the required political assurances from the leaders of the Greek coalition parties on the implementation of the programme,” he said.
The €200bn "Private Sector Involvement" restructuring needs to begin pretty soon to make the March deadline ...
Posted by Bill McBride on 2/14/2012 01:16:00 PM