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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 Drops Following Juncker Statement IMF May Not Release Next Greek Tranche

Business & Finance : Zero Hedge (3 years ago)

And some more headlines: EU's Juncker says IMF may not release tranche for Greece next month EU's Juncker says IMF needs 12-month Greek refinancing guarantee EU's Juncker says governments unable to make up IMF portion Full report fr... Read Post

Eurogroup President Says This May Be The End For Greek Aid

Business & Finance : Business Insider: Money Game (3 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 (3 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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