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Greek crisis: eurozone ministers seek deal on bailout and debt relief - business live

Discussion in 'Market News' started by Lily, May 24, 2016.

  1. Lily

    Lily Forum Member

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    Rolling coverage of a crucial Eurogroup meeting on Greece, plus Bank of England governor Mark Carney testifying to parliament


    7.47am BST

    Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.

    “The implementation of debt relief should be completed by the end of the programme period.

    “Providing an upfront, unconditional component to debt relief is critical to provide a strong and credible signal to markets about the commitment of official creditors to ensuring debt sustainability, which in itself could contribute to lowering market financing costs. An upfront component can also help garner more ownership for reforms.”

    Related: IMF tells EU it must give Greece unconditional debt relief

    Best way to make money today may be selling tickets to the inevitable ding-dong between Governor Carney and Conservative MP Jacob Rees-Mogg.

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