Tuesday, February 10, 2015

10 feb 2015 evening: history of last weeks, little room for compromise, USA pressurizes Germany to give in somewhat to Greeks

http://www.reuters.com/article/2015/02/09/eurozone-greece-idUSL5N0VJ3RW20150209

http://uk.reuters.com/article/2015/02/10/uk-eurozone-greece-varoufakis-idUKKBN0LE1KE20150210

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USA backs up Greece now.....today:

http://www.nasdaq.com/article/us-urges-eurozone-to-avoid-stifling-greek-economy-20150210-00793


U.S. Urges Eurozone to Avoid Stifling Greek Economy


ISTANBUL--Washington has cautioned European officials against trying to forge an emergency financing package for Greece that could destabilize the fragile economy, a senior U.S. Treasury official said Tuesday.
The official, speaking on the sidelines of a FINANCIAL leaders' meeting of the Group of 20 largest economies, said he sees the basis for a deal that would be mutually agreeable to a Greek population weary from years of economic belt- tightening and the country's European creditors nervous of losing money to the crippled economy.
The official also said G-20 members had agreed to use all available economic tools to boost weak global growth but warned against overreliance on monetary policy. Finance leaders are concerned that without decisive action, the global economy could get stuck in a low gear for years to come.


Read more: http://www.nasdaq.com/article/us-urges-eurozone-to-avoid-stifling-greek-economy-20150210-00793#ixzz3RMngSlED

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