Qingdao Guoxin Commodity Trading Center

Qingdao Guoxin Bulk Commodity Trading Center investment hotline, real-time market analysis, all market breakthroughs, professional investment solutions, precise online order calling, sincerely recruiting personal agents, the company represents European creditors who refuse to make concessions and destroy Greece's rapid achievement Hopes for a bailout deal


European creditors on Wednesday (May 2) extinguished Greece's hopes of quickly reaching a reform-for-cash agreement in the next few days. Greece needs to make an important repayment next week. The financial situation has become increasingly desperate.

The reform measures of the Greek left-wing government are contradictory, and the cash crisis may become increasingly serious

On the evening of Tuesday (Month), the government led by the Greek left-wing party passed a new law. Thousands of people who were laid off due to the previous government's public utility reforms have returned to work. The new government has also revived operations of the state broadcaster that the previous government had shut down to cut costs. Former Prime Minister Antonis Samaras once called it a haven for wasteful spending.

News: The European Central Bank is considering writing down Greek debt, paying attention to next week's finance ministers meeting

Two anonymous officials said on Thursday (July 2) that ECB officials hope to ) has made progress at a meeting of euro zone finance ministers, otherwise it may consider tightening emergency liquidity assistance to the Greek banking sector, which is the only source of liquidity for Greece currently. One policymaker also said the ECB was preparing to write down Greece's debt to last year's levels, an ECB spokesman declined to comment.

Greece's debt problem continues to deepen, and representatives from both the country and the euro zone are pessimistic

Deutsche Bank said that the European Central Bank will once again increase its policy on Greek borrowers on Wednesday (May 1). The emergency liquidity relief limit was increased by 100 million euros. However, the European Central Bank chose not to make any changes to Greece's collateral discount, but will wait until next Monday (May 1) after the Eurogroup meeting to reassess.

The Greek Finance Minister’s negotiations have made great progress, and the goal is to reach an agreement as soon as possible

Greek Finance Minister Varoufakis said on Thursday (May 2) that it is expected that Greece and International creditors are expected to reach an agreement on financing in the coming days and weeks.

The European Central Bank is considering tightening bailout conditions, increasing pressure on Greece to reach a bailout agreement

The European Central Bank is considering increasing the valuation discount rate for Greece’s Greek collateral and will announce it next A meeting of euro zone finance ministers to be held this week will decide whether to tighten the conditions for Greece's emergency liquidity assistance. Under this situation, unless the Greek government is willing to compromise on the rescue agreement negotiations, Greece will fall into a deeper fiscal crisis.