Back

We May Find 'Another Source of Funding' - Greek Defence Min Kammenos

FXStreet (Mumbai) - Greece could tap "another source" for funding - possibly even Russia or China - should the deal with Europe not be worked out, Greek Defence Minister Panos Kammenos warned.

Key Quotes:

"What we want is a deal,"

"But if there is no deal and if we see that Germany remains unbending and wants to blow Europe apart, then we have the obligation to go to Plan B. Plan B is to get funding from another source."

Among the "other sources", he even mentioned the US.

Norway CPI surprises to the upside – TDS

The TD Securities Team reviews today’s CPI release for Norway, noting that headline CPI came out above market expectations (1.9%) at 2.0%, while underlying CPI remained unchanged at 2.4% yoy, unaffected by the oil price slump.
Read more Previous

ELA is a "bridge to somewhere" – ECB’s Praet

The emergency cash window for Greek lenders is only for short-term needs, European Central Bank (ECB) Executive Board member Peter Praet said on Tuesday, as Greece continues its disagreement with the European Union.
Read more Next