There is no chance of another Greek debt restructuring, the managing director of the Institute of International Finance, Charles Dallara, told media folks today. “Greece has entered a path of growth and security” he said.
Lots of other sources said something different. An Austrian Economy Ministry survey, for example, said that Greece ranks last among 14 European countries in attracting new enterprises and investment. And Further cuts will be needed if Greece is to adhere to the midterm fiscal plan it voted for last year, PASOK leader Evangelos Venizelos told Der Spiegel. Continue reading →