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JUNCKER: Greece Crisis Has "Radically Intensified" And Could "Turn Entire Euro Area On Its Head"

The Greek crisis has "radically intensified" and it could "turn the entire euro area on its head," according to Euro Group president Jean-Claude Juncker. Writing in an emailed statement to Bloomberg, Juncker also warned of potential contagion risks from the crisis. No word on what recent development has triggered these comments, or whether Juncker is merely just guilty of having loose lips again.
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Euro Tanks After Warning From Juncker

Business & Finance : Business Insider: Money Game (2 years ago)

The euro is falling fast against the U.S. dollar after a headline crossed reporting a comment from Jean-Claude Juncker, President of the Euro Group of eurozone finance ministers. Via Bloomberg, Juncker said the euro exchange rate is... Read Post

Eurogroup President Says This May Be The End For Greek Aid

Business & Finance : Business Insider: Money Game (4 years ago)

Breaking now: Euro Group president Jean-Claude Juncker just said that the IMF may not give Greece the next tranche of its bailout funds next month, according to Bloomberg. Juncker says that, according to IMF rules, refinancing guara... Read Post

Euro Group Leader Juncker Says Greece Needs Soft Restructuring

Business & Finance : Business Insider: Money Game (4 years ago)

Greek debt is unsustainable and the country needs a "soft-restructuring" of its debt, according to Euro Group and European Council President Jean-Claude Juncker (via Bloomberg and Reuters). Juncker, speaking after the meeting of Eur... Read Post


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