(BFW) Noonan: No Optimism for Greek Deal From People He’s Spoken To


BN 06/18 13:21 *NOONAN SAYS GREEK FINANCE MINISTER TO SPEAK AT EUROGROUP
BN 06/18 13:21 *NOONAN: IRELAND TAKING ADVICE FROM ECB ON GREXIT CONSEQUENCES
BN 06/18 13:21 *NOONAN: NO OPTIMISM FOR GREEK DEAL FROM PEOPLE HE'S SPOKEN TO
BN 06/18 13:21 *NOONAN SAYS GREECE HAS SOME TIME LEFT TO REACH DEAL
BN 06/18 13:17 *NOONAN SAYS EUROGROUP TALKS WILL BE PRELIMINARY DISCUSSION
BN 06/18 13:13 *NOONAN: NO GREAT EXPECTATIONS FOR POSITIVE EUROGROUP OUTCOME
BN 06/18 13:11 *NOONAN SPEAKS TO REPORTERS IN LUXEMBOURG
BN 06/18 13:11 *NOONAN SAYS ON GREECE `THE OPTION IS TO PREPARE THE B-PLAN'

Noonan: No Optimism for Greek Deal From People He’s Spoken To
2015-06-18 13:36:00.880 GMT


By Ian Wishart
(Bloomberg) -- Irish Finance Minister Michael Noonan says
Greece isn’t yet out of time to reach a deal with its creditors.

* “There’s some time left but there’s no optimism among the
group of people I’ve met already today,” Noonan tells
reporters in Luxembourg
* Noonan says EU leaders may take up topic again at summit
next week, as Eurogroup talks “will be a preliminary
discussion to a longer political discussion at the heads of
state and government”
* Asked about options, Noonan says “the option is to prepare
the B-plan”
* “We don’t think there would be a contagion effect if there
was a Greek exit but we’ve had the conversations at a high
level”
* “We’re watching the situation and we’re taking advice from
the European Central Bank in Frankfurt”
* “I understand that the Greek finance minister at today’s
meeting is going to make an intervention. I’m not sure what
the nature of the intervention is”
* “I think a lot of people will be conscious of the fact that
a bad deal could be worse than no deal”


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To contact the reporter on this story:
Ian Wishart in Luxembourg at +32-2-237-4344 or
iwishart@bloomberg.net
To contact the editors responsible for this story:
Alan Crawford at +49-30-70010-6237 or
acrawford6@bloomberg.net
Rebecca Christie