A Barclays report says that while some progress has been made regarding Greek debt negotiations, “large disagreements in key areas persist, and Greece’s liquidity situation is deteriorating further.” Meanwhile Credit Suisse analysis says that even if agreement is found in the coming days, it won’t be a final agreement but rather allow Greece to skate through the summer months so they can continue to make payments. Greece paying IMF with IMF reserves may only work for a month Last week Greece found money to pay the IMF, but the problem was, the Credit Suisse analysis notes, the money it found…
Greece Entering Significant IMF Meetings Today And Tomorrow
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.