The Traderszone Network

Published in TZ Latest News 22 April, 2016 by The TZ Newswire Staff

Greece Fails To Reach Deal With Lenders: Lagarde Flip-Flops, Sees "No Need For Greek Debt Haircut"

Greece was supposed to finalize a deal today with its lenders whereby in exchange for an “agreement” to implement already agreed upon budget cuts it would receive more funds from the Troika. However, as Reuters reports, “there will be no deal between Greece and its lenders on Friday that would unlock loans and enable vital debt relief talks, despite some progress on the reforms Athens must implement in exchange, euro zone and IMF officials said on Friday.”

read more