The Traderszone Network

Published in TZ Latest News 11 May, 2015 by The TZ Newswire Staff

Germany Gives Greece Grexit Referendum Greenlight

Headline risk surrounding Greece will likely weigh heavily on investors’ minds throughout the week as Syriza faces one of its biggest tests yet when a €750 million payment to the IMF comes due on Tuesday. Despite rampant skepticism and a warning from Germany’s Schaeuble that countries can “accidentally” become insolvent, FinMin Varoufakis claims Greece will make the payment and thus avert an imminent default.

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