Tuesday, February 17, 2015

Economists see probability of Greece compromise shrink – NU.nl

Economists see probability of Greece compromise shrink – NU.nl

As a result, the uncertainty about the future of Greece, and the probability of a negative outcome can certainly not be excluded, concluded economists and bankers Tuesday.

ING economist Carsten Brzeski likened both parties Tuesday with feuding children in the sandbox ” which have not been prepared but also to admit a millimeter ”.

According Brzeski it must normally be possible to come to a compromise. For example, by relaxing the deficit targets for Greece, while the Greeks with clear plans to tackle corruption and tax evasion in the country.



Fraction

” But the ratio is far search, ” says the economist. ” It is about the moral victory over the opponent. ” Thus, the probability of a departure of the Greeks from the eurozone calls (also referred to as Grexit) also returned to the foreground.

So fattest is ” completely unnecessary ” according Brzeski but can ” accidentally ” created if no way is to find a compromise.

Doomsday scenarios

Economists Commerzbank think that the chance is doubled on a Grexit, to 50 percent. British

bank Barclays warned that Greek banks may next week all of their emergency aid to close. Such a decision may bring a doomsday scenario for the Greeks fast approaching, concluded Deutsche Bank.

Greece and the other euro countries came Monday to be diametrically opposed. The euro countries are demanding that Greece requires an extension of the current aid program with the same conditions as before. The Greeks keep unchanged on to the desire for a new contract and label the old conditions as absurd.

The current support program runs off the end of this month and threatens Greece without agreement quickly get into financial difficulties. Time also is running out.

The Greeks have at most a week to back down, let Eurogroup chairman Jeroen Dijsselbloem Monday know. Greek Finance Minister Yanis Varoufakis wanted to know nothing of an ultimatum

What you should know about a ‘Grexit’ |. Greece File

Through ANP

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