According to European Stability Mechanism director of research Rolf Strauch cited in Euro magazine.

  • IMF is also responsible for third Greek bailout
  • big progress has been made to save Greece and the euro

Bloomberg reporting the comments which back up the stance from ESM boss Regling that I covered back in August

I'm heading out now to watch the mighty Shrimpers try and redeem themselves after a dismal display on Tuesday but I'll be setting the recorder for what should be a classic All Blacks v Boks rugby semi-final

Have a great week-end one and all, wherever yours takes you

Hair-raising maybe for Greece but no debt haircut seen