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Greece Can’t Take More Austerity

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Any deal between Greece and its lenders concluding its bailout review should not impose additional austerity on the public, government spokesman Dimitris Tzanakopoulos said on Thursday.

“The Greek government is negotiating with responsibility and resolve … but all of that must, however, be without any additional burden, and without additional costs for Greek society,” he told a news briefing.

Reuters

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Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary.

His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.

Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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