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Showing 1 - 10 of 39 results for "Troika"

86 billion Euros are in the mail, just

BENJAMIN ONG  |  TUESDAY, 14 JUL 2015
... independence from the Ottomans in 1832. It must accept complete oversight from the hated "institutions" (once known as the troika) who will return to Athens to oversee the work of Greek officials. At the insistence of the Dutch prime minister, Mark Rutte ...

Stirred but not shaken

BENJAMIN ONG  |  TUESDAY, 7 JUL 2015
... Yup, Cyprus, the country which also suffered a bank run two years ago as it negotiated a bail-out with what was then the 'troika' (now 'the institutions').A But more on this later. My oh my oh my and boyoboyoboy, they certainly don't make crises like ...

An ordinary trading day on D-day

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2015
... The Greeks don't want more austerity but they prefer to remain in the euro. 'The institutions' (formerly known as the 'troika') want Greece to remain in the euro but only if they comply and enact creditors' demands for self-strangulation. If you think ...

Fedcident waiting to happen?

BENJAMIN ONG  |  FRIDAY, 26 JUN 2015
... the 13th for the "adults" in the "emergency summit" room continue to disagree to agree. Yes Virginia, the Greeks and the troika have exhausted the third of the three scheduled talks this week and still... nada, nil, zilch. Still, financial markets remain ...

Graccident averted (yet again)

BENJAMIN ONG  |  TUESDAY, 23 JUN 2015
... town lifted off while we slept. Equity markets jumped while bond yields dived. These, because on optimism that a Greco-troika deal would be hammered -- perhaps not yet but soon -- in time for the troika to give Greece the euros to enable Athens to repay ...

Game theory theorises no Grexit

BENJAMIN ONG  |  FRIDAY, 12 JUN 2015
... week bolstering the argument for no Grexit. It's a piece written by Jon Hartley on Forbes magazine titled, "Greece And The Troika's 'Grexit' Game Theory". You can read it here. Jon argues that, "With respect to Europe's decision on whether or not to ...

Mocking Maastricht

BENJAMIN ONG  |  WEDNESDAY, 3 JUN 2015
... 1.0% and the Athens SE General Index down a hefty 2.5%. But no surprises here, we've been here before... waay before 'the troika' became known as 'the institutions' -- the pretend and extend game, the game of chickens, the kicking the can down the road. ...

A little tweet told me

BENJAMIN ONG  |  THURSDAY, 26 FEB 2015
... Zerohedge.com eloquently pointed this out in an article published on 24 Feb: "As it turns out, the reason why not only the Troika received an agreed to version of the Greek reform proposals "before midnight on Monday", but rushed these through with a ...

Breathing space or gasping room?

BENJAMIN ONG  |  MONDAY, 23 FEB 2015
"ATHENS - After nearly two weeks of tense negotiations, Greece and its troika of foreign creditors said Monday that they had clinched an agreement on economic measures that Athens must enforce to secure the release of further crucial rescue money." ...

Grexit not Greek to Brits

BENJAMIN ONG  |  TUESDAY, 17 FEB 2015
... dropping. Its name was contagion. Because of the fear of as well as actual contagion, Greece back then held Germany and the troika by their collective cojones. However, today appears to be a different day. Grexit now appears more like a real and present ...
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