SlideShare a Scribd company logo
1 of 5
By Jason w Galanis
 With just a few days left for Greece and its creditors to reach a deal, it
appears that an agreement is closer.
 Greece has agreed to push back some of its anti-austerity plans in order
to get the financial aid they need to make their debt payments and avoid
default. The Greek government is confident that a deal will be reached in
time.
 Its IMF and Central Bank creditors have been trying to negotiate a deal
for months with no results. Now, at the last hour, the pressure is on for
a resolution.
@ 2015 - 2016. All Rights Reserved by Jason w Galanis.
@ 2015 - 2016. All Rights Reserved by Jason w Galanis.
 Greece has a newly elected government, which promised an anti-
austerity policy for the country; however, they are now having to back
down on some of the promises they made, to try and work out a deal
with their creditors.
 The government was hoping for a deal by Sunday, though many of their
lenders are not so sure.
 Greece needs to make labour and pension reforms in order to receive
financial aid and it is not clear that these reforms have materialized.
@ 2015 - 2016. All Rights Reserved by Jason w Galanis.
 The U.S. is pushing for a resolution to the issue, as it could cause
financial unrest throughout many neighbouring countries and possibly
around the globe. The Greek government has stated that there is no
other plan for the country to avoid default, so they are pushing for an
agreement.
 Talks are on-going, as the June 3rd deadline approaches. Athens and its
creditors agreed on some issues. Greece will have to achieve low budget
surpluses over the next two years. There is still no agreement yet on
sales taxes.
 The final tax will fall in the next few days, answering the question
everyone has been asking. Will they reach a deal in time?
@ 2015 - 2016. All Rights Reserved by Jason w Galanis.
Get in touch with Mr Jason Galanis [CEO of Holmby Capital Group]
Name: Jason Galanis - Holmby Capital Group
Address: 1920 Bel Air Road,
Los Angeles,
Califonia, 90077
Email: Jason@holmbycompanies.com
Email: contact@jasongalanis.com
Contact No: 310-425-9575
@ 2015 - 2016. All Rights Reserved by Jason w Galanis.

More Related Content

What's hot

Some Fiscal Cliff Scenarios
Some Fiscal Cliff ScenariosSome Fiscal Cliff Scenarios
Some Fiscal Cliff Scenarios
DWilkins
 
Mortgage Mess Perspective From January 2009
Mortgage Mess   Perspective From January 2009Mortgage Mess   Perspective From January 2009
Mortgage Mess Perspective From January 2009
Elton and Associates
 

What's hot (20)

Economy Blues
Economy BluesEconomy Blues
Economy Blues
 
Debt Threat: The National Debt and You
Debt Threat: The National Debt and You Debt Threat: The National Debt and You
Debt Threat: The National Debt and You
 
What the Latest Budget Numbers Mean
What the Latest Budget Numbers MeanWhat the Latest Budget Numbers Mean
What the Latest Budget Numbers Mean
 
Debt crisis
Debt crisisDebt crisis
Debt crisis
 
Economic Update August 08
Economic Update August 08Economic Update August 08
Economic Update August 08
 
Interest Rates and the Debt
Interest Rates and the DebtInterest Rates and the Debt
Interest Rates and the Debt
 
2019 VA Loan Limits in Arizona
2019 VA Loan Limits in Arizona2019 VA Loan Limits in Arizona
2019 VA Loan Limits in Arizona
 
Ventura County Real Estate Update - Summer 2013
Ventura County Real Estate Update - Summer 2013Ventura County Real Estate Update - Summer 2013
Ventura County Real Estate Update - Summer 2013
 
It's Not All Downhill from Here
It's Not All Downhill from HereIt's Not All Downhill from Here
It's Not All Downhill from Here
 
The state of america’s middle class
The state of america’s middle classThe state of america’s middle class
The state of america’s middle class
 
CBP Day 2018 - Samuel Grable Slides
CBP Day 2018 - Samuel Grable SlidesCBP Day 2018 - Samuel Grable Slides
CBP Day 2018 - Samuel Grable Slides
 
Household Debt - Are we heading for a Crisis
Household Debt - Are we heading for a CrisisHousehold Debt - Are we heading for a Crisis
Household Debt - Are we heading for a Crisis
 
State of the Debt 2016
State of the Debt 2016State of the Debt 2016
State of the Debt 2016
 
It's not all downhill one pager
It's not all downhill one pagerIt's not all downhill one pager
It's not all downhill one pager
 
Discover how to find and win government bids
Discover how to find and win government bidsDiscover how to find and win government bids
Discover how to find and win government bids
 
50-30-20 FHT5
50-30-20 FHT550-30-20 FHT5
50-30-20 FHT5
 
Important budgeting terms(2)
Important budgeting terms(2)Important budgeting terms(2)
Important budgeting terms(2)
 
Some Fiscal Cliff Scenarios
Some Fiscal Cliff ScenariosSome Fiscal Cliff Scenarios
Some Fiscal Cliff Scenarios
 
Mortgage Mess Perspective From January 2009
Mortgage Mess   Perspective From January 2009Mortgage Mess   Perspective From January 2009
Mortgage Mess Perspective From January 2009
 
Obama’S Mortgage Reduction Plan
Obama’S Mortgage Reduction PlanObama’S Mortgage Reduction Plan
Obama’S Mortgage Reduction Plan
 

Similar to Will Greece & ECB Reach a Deal?

The Next World War
The Next World WarThe Next World War
The Next World War
humaapkeliye
 

Similar to Will Greece & ECB Reach a Deal? (20)

The Edge: August 8, 2011
The Edge: August 8, 2011The Edge: August 8, 2011
The Edge: August 8, 2011
 
The Next World War
The Next World WarThe Next World War
The Next World War
 
Us fiscal issues larger deficits are driving up debt
Us fiscal issues larger deficits are driving up debtUs fiscal issues larger deficits are driving up debt
Us fiscal issues larger deficits are driving up debt
 
Report: Senate Outlook on United States International Strategy on Climate Cha...
Report: Senate Outlook on United States International Strategy on Climate Cha...Report: Senate Outlook on United States International Strategy on Climate Cha...
Report: Senate Outlook on United States International Strategy on Climate Cha...
 
Straight Forward - Winter 2017
Straight Forward - Winter 2017Straight Forward - Winter 2017
Straight Forward - Winter 2017
 
VCA Panorama Issue 5
VCA Panorama Issue 5VCA Panorama Issue 5
VCA Panorama Issue 5
 
Missouri 100 Missouri's Budget Issues
Missouri 100 Missouri's Budget IssuesMissouri 100 Missouri's Budget Issues
Missouri 100 Missouri's Budget Issues
 
Americas Hidden Debt Bombs
Americas Hidden Debt BombsAmericas Hidden Debt Bombs
Americas Hidden Debt Bombs
 
Qa what is debt final
Qa what is debt finalQa what is debt final
Qa what is debt final
 
Q&A: Everything You Need to know About the National Debt
Q&A: Everything You Need to know About the National DebtQ&A: Everything You Need to know About the National Debt
Q&A: Everything You Need to know About the National Debt
 
Economic and Investment Risks for 2024
Economic and Investment Risks for 2024Economic and Investment Risks for 2024
Economic and Investment Risks for 2024
 
Q&A: Everything You Need to know About the National Debt
Q&A: Everything You Need to know About the National DebtQ&A: Everything You Need to know About the National Debt
Q&A: Everything You Need to know About the National Debt
 
The Spring Budget: The big questions
The Spring Budget: The big questionsThe Spring Budget: The big questions
The Spring Budget: The big questions
 
Spring Budget 2021: The big questions
Spring Budget 2021: The big questionsSpring Budget 2021: The big questions
Spring Budget 2021: The big questions
 
Budget 2021 the big questions final
Budget 2021 the big questions finalBudget 2021 the big questions final
Budget 2021 the big questions final
 
TPL July 12 17
TPL July 12 17TPL July 12 17
TPL July 12 17
 
Response to Prime Minister Kenny Anthony June 10 2014 speech
Response to Prime Minister Kenny Anthony June 10 2014 speechResponse to Prime Minister Kenny Anthony June 10 2014 speech
Response to Prime Minister Kenny Anthony June 10 2014 speech
 
Glide Paths from the Fiscal Cliff
Glide Paths from the Fiscal CliffGlide Paths from the Fiscal Cliff
Glide Paths from the Fiscal Cliff
 
Investment Risks of a Debt Ceiling Crisis
Investment Risks of a Debt Ceiling CrisisInvestment Risks of a Debt Ceiling Crisis
Investment Risks of a Debt Ceiling Crisis
 
Budget Deficit Essay
Budget Deficit EssayBudget Deficit Essay
Budget Deficit Essay
 

Recently uploaded

CALL ON ➥8923113531 🔝Call Girls Gomti Nagar Lucknow best sexual service
CALL ON ➥8923113531 🔝Call Girls Gomti Nagar Lucknow best sexual serviceCALL ON ➥8923113531 🔝Call Girls Gomti Nagar Lucknow best sexual service
CALL ON ➥8923113531 🔝Call Girls Gomti Nagar Lucknow best sexual service
anilsa9823
 
20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf
Adnet Communications
 
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
dipikadinghjn ( Why You Choose Us? ) Escorts
 
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
dipikadinghjn ( Why You Choose Us? ) Escorts
 

Recently uploaded (20)

CALL ON ➥8923113531 🔝Call Girls Gomti Nagar Lucknow best sexual service
CALL ON ➥8923113531 🔝Call Girls Gomti Nagar Lucknow best sexual serviceCALL ON ➥8923113531 🔝Call Girls Gomti Nagar Lucknow best sexual service
CALL ON ➥8923113531 🔝Call Girls Gomti Nagar Lucknow best sexual service
 
Veritas Interim Report 1 January–31 March 2024
Veritas Interim Report 1 January–31 March 2024Veritas Interim Report 1 January–31 March 2024
Veritas Interim Report 1 January–31 March 2024
 
Pooja 9892124323 : Call Girl in Juhu Escorts Service Free Home Delivery
Pooja 9892124323 : Call Girl in Juhu Escorts Service Free Home DeliveryPooja 9892124323 : Call Girl in Juhu Escorts Service Free Home Delivery
Pooja 9892124323 : Call Girl in Juhu Escorts Service Free Home Delivery
 
Gurley shaw Theory of Monetary Economics.
Gurley shaw Theory of Monetary Economics.Gurley shaw Theory of Monetary Economics.
Gurley shaw Theory of Monetary Economics.
 
The Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdfThe Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdf
 
03_Emmanuel Ndiaye_Degroof Petercam.pptx
03_Emmanuel Ndiaye_Degroof Petercam.pptx03_Emmanuel Ndiaye_Degroof Petercam.pptx
03_Emmanuel Ndiaye_Degroof Petercam.pptx
 
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
 
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
 
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
 
20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf
 
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
 
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
 
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
 
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
 
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikHigh Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
 
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
 
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
 
The Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdfThe Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdf
 
The Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfThe Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdf
 
The Economic History of the U.S. Lecture 26.pdf
The Economic History of the U.S. Lecture 26.pdfThe Economic History of the U.S. Lecture 26.pdf
The Economic History of the U.S. Lecture 26.pdf
 

Will Greece & ECB Reach a Deal?

  • 1. By Jason w Galanis  With just a few days left for Greece and its creditors to reach a deal, it appears that an agreement is closer.  Greece has agreed to push back some of its anti-austerity plans in order to get the financial aid they need to make their debt payments and avoid default. The Greek government is confident that a deal will be reached in time.  Its IMF and Central Bank creditors have been trying to negotiate a deal for months with no results. Now, at the last hour, the pressure is on for a resolution. @ 2015 - 2016. All Rights Reserved by Jason w Galanis.
  • 2. @ 2015 - 2016. All Rights Reserved by Jason w Galanis.
  • 3.  Greece has a newly elected government, which promised an anti- austerity policy for the country; however, they are now having to back down on some of the promises they made, to try and work out a deal with their creditors.  The government was hoping for a deal by Sunday, though many of their lenders are not so sure.  Greece needs to make labour and pension reforms in order to receive financial aid and it is not clear that these reforms have materialized. @ 2015 - 2016. All Rights Reserved by Jason w Galanis.
  • 4.  The U.S. is pushing for a resolution to the issue, as it could cause financial unrest throughout many neighbouring countries and possibly around the globe. The Greek government has stated that there is no other plan for the country to avoid default, so they are pushing for an agreement.  Talks are on-going, as the June 3rd deadline approaches. Athens and its creditors agreed on some issues. Greece will have to achieve low budget surpluses over the next two years. There is still no agreement yet on sales taxes.  The final tax will fall in the next few days, answering the question everyone has been asking. Will they reach a deal in time? @ 2015 - 2016. All Rights Reserved by Jason w Galanis.
  • 5. Get in touch with Mr Jason Galanis [CEO of Holmby Capital Group] Name: Jason Galanis - Holmby Capital Group Address: 1920 Bel Air Road, Los Angeles, Califonia, 90077 Email: Jason@holmbycompanies.com Email: contact@jasongalanis.com Contact No: 310-425-9575 @ 2015 - 2016. All Rights Reserved by Jason w Galanis.