Take a bow Samaras and Co…..
- Greece has fulfilled it’s obligations
- Has asked German lawmakers to vote on Greek deal this week, lower house to vote this Friday
- Euro members grateful to IMF in crisis role, IMF debt write- off impossible
- A debt write-off for Greece poses legal problems
- Debt buyback will reduce debt ‘significantly’, results remain open
- Measures will help Greece return to the market
- Funds from closing gap will fund Greek buyback
- Rate cut for Greece ensures refinancing costs for KFW Bank are just covered
- Will have to accept consequences of Greek aid for German budget
- Any alternative to Greek aid would entail ‘much greater, incalculable’ risks
- Little time for manoeuvre before decision day for Greece on Dec13
