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MAY 22, 2015 - Yahoo! News

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Germany, France usher Greece back to negotiating table

European leaders told Greece on Friday to return to the negotiating table for "intensive work" to wrap up a reform agreement before cash runs out, sidestepping Athens' demand for a comprehensive, long-term solution to its troubles. With his country risking default in as little as two weeks, Greek Prime Minister Alexis Tsipras flew to Riga to press German Chancellor Angela ...

Tags: Germany, France usher Greece back to negotiating table,  International Monetary Fund Latest News

MAY 22, 2015 - Business Insider

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IMF chief Christine Lagarde is the fifth person today to slap down Greek hopes for a speedy bailout deal

Christine Lagarde became the fifth senior figure among Greece's creditors to throw cold water over the troubled country's chances of a speedy bailout deal on Friday. The International Monetary Fund (IMF) managing director said on a visit to Brazil that the bailout deal with Greece "has to be a comprehensive approach, not a quick and dirty job," according to Reuters. She ...

Tags: IMF chief Christine Lagarde is the fifth person today to slap down Greek hopes for a speedy bailout deal,  International Monetary Fund Latest News

MAY 22, 2015 - Zero Hedge

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Greece May Need To Issue IOUs Schaeuble Says After Latest Failure To Reach A Deal

In many ways, four months of negotiations between Greece and its creditors can be summed up with the following two headlines from this morning: GREECE VERY CLOSE TO SEALING DEAL WITH CREDITORS: SPOKESMAN GREECE WON'T COMPROMISE ON LABOR REFORMS, PENSIONS: SPOKESMAN Those came back-to-back believe it or not, which underscores the whole problem: the Greek government wants money but doesn’t ...

Tags: Greece May Need To Issue IOUs Schaeuble Says After Latest Failure To Reach A Deal,  International Monetary Fund Latest News

MAY 22, 2015 - Zero Hedge

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Tick Tock, The Greek Time Bomb Is About To Go Off

We were warning in several previous articles (here & here) the Greeks didn’t have much time left to enter into a new funding agreement with its lenders as the country was facing several billions of euros in mandatory repayments over the next few weeks. Meanwhile, the International Monetary Fund has estimated Greece has until June 5th before it runs out ...

Tags: Tick Tock, The Greek Time Bomb Is About To Go Off,  International Monetary Fund Latest News

MAY 22, 2015 - MarketWatch

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Greece optimistic of bailout deal within 10 days: reports

Greece is optimistic a reform deal with its international lenders will be sealed by the end of May, just in time for Athens to meet a €300 million payment to the International Monetary Fund on June 5. "We think conditions have matured for (talks) to progress further and in the next 10 days, in May, for the deal to be ...

Tags: Greece optimistic of bailout deal within 10 days: reports,  International Monetary Fund Latest News