Some Euro Countries See Greek Default as Likely, Reuters Reports
2015-06-12 12:38:52.32 GMT
By Max Julius and Joshua Fineman
(Bloomberg) -- Some euro-area countries regard a Greek
default scenario as likely, Reuters reports, citing unamed
officials.
* Senior euro-area officials discussed “plan B” for Greece
for the first time, what would happen if Greece defaulted
* No conclusions reached in talks on scenario of Greek
default, which were very theoretical
* Scenario of deal with Greece in time for June disbursement
is seen as least likely by most euro-area states
* Euro-area discussed extending current Greek bailout with
conditions, disbursements in tranches, but no conclusions
* NOTE: EU prepares for worst as Tsipras drives Greek finances
to brink
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To contact the reporters on this story:
Max Julius in London at +44-20-3525-8917 or
mjulius4@bloomberg.net;
Joshua Fineman in New York at +1-212-617-8953 or
jfineman@bloomberg.net
To contact the editors responsible for this story:
Jenny Paris at +44-20-3525-4044 or
jparis20@bloomberg.net
2015-06-12 12:38:52.32 GMT
By Max Julius and Joshua Fineman
(Bloomberg) -- Some euro-area countries regard a Greek
default scenario as likely, Reuters reports, citing unamed
officials.
* Senior euro-area officials discussed “plan B” for Greece
for the first time, what would happen if Greece defaulted
* No conclusions reached in talks on scenario of Greek
default, which were very theoretical
* Scenario of deal with Greece in time for June disbursement
is seen as least likely by most euro-area states
* Euro-area discussed extending current Greek bailout with
conditions, disbursements in tranches, but no conclusions
* NOTE: EU prepares for worst as Tsipras drives Greek finances
to brink
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporters on this story:
Max Julius in London at +44-20-3525-8917 or
mjulius4@bloomberg.net;
Joshua Fineman in New York at +1-212-617-8953 or
jfineman@bloomberg.net
To contact the editors responsible for this story:
Jenny Paris at +44-20-3525-4044 or
jparis20@bloomberg.net