Tag Archives: Athens Impasse : Draghi’s BoG Move Breaks Deadlock – Troika Quits Athens ‘Very Happy With Austerity Progress’

John Ward – Athens Impasse : Draghi’s BoG Move Breaks Deadlock – Troika Quits Athens ‘Very Happy With Austerity Progress’ –

Geopolitical tussle for East Med/Aegean riches hots up

Yesterday, The Slog pointed out, ‘It’s emerged that the ECB’s Governing Council agreed at its meeting on Thursday to increase the upper limit for the amount of Greek short-term loans the Bank of Greece can accept in exchange for emergency loans….Mario Draghi is giving the signal that anything goes rather than having Greece default.’ Continue reading