2. Solutions and key elements
Solution
| Ines Coopman ~ Slidecast presentation
50% write-down of Greek dept repayment
Key elements
Strengthening banks to withstands future
economic stocks
Topping up existing bail-out funds
Slashing Greek depts repayments
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3. Problems
Tighter acces to bank credits
| Ines Coopman ~ Slidecast presentation
Protection of financial positions and cash flows
Decrease of capital investment spending
Decrease of Discretionary spending
Wait-and-see attitude
50% psychological
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4. Problems
Austerity measures and solutions
| Ines Coopman ~ Slidecast presentation
Taxpayers
Extra liabilities
National budgets
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5. Italy
Pressure G20
| Ines Coopman ~ Slidecast presentation
Accept an IMF credit line
Progress with reforms of pensions
Progress with reforms of the labour market
Not fulfil = Leaving the Euro
(legally irrevisible)
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