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4 May 2015
Optimism around EU-Greece deal remains intact – Danske Bank
FXStreet (Edinburgh) - Pernille Nielsen, Senior Analyst at Danske Bank, remarked the positive tone surrounding the EU-Greece debt talks.
Key Quotes
“In Greece four days of intensive negotiations have not solved ‘significant differences’ on issues from fiscal assumptions to labour and pension reforms”.
“Nevertheless, people familiar with the negotiations reported that the atmosphere had improved and progress has been made after Greek Prime Minister Alexis Tsipras assigned a new negotiating team and pushed aside Finance Minister Yanis Varoufakis”.
“According to Eurogroup President Dijsselbloem it is too early to say whether there has been a turning point in the talks, but he acknowledged that ‘they are working hard now’.
“According to Greek media, the Greek government is now aiming for a 2015-16 deal instead of the previous strategy of a temporary deal in May followed by a new, full one in June”.
“We see the latest development as positive, but stick to our view, that we should not get a final solution before the summer crunch time”.
Key Quotes
“In Greece four days of intensive negotiations have not solved ‘significant differences’ on issues from fiscal assumptions to labour and pension reforms”.
“Nevertheless, people familiar with the negotiations reported that the atmosphere had improved and progress has been made after Greek Prime Minister Alexis Tsipras assigned a new negotiating team and pushed aside Finance Minister Yanis Varoufakis”.
“According to Eurogroup President Dijsselbloem it is too early to say whether there has been a turning point in the talks, but he acknowledged that ‘they are working hard now’.
“According to Greek media, the Greek government is now aiming for a 2015-16 deal instead of the previous strategy of a temporary deal in May followed by a new, full one in June”.
“We see the latest development as positive, but stick to our view, that we should not get a final solution before the summer crunch time”.