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Europe Daily Bulletin No. 11308

6 May 2015
ECONOMY - FINANCE - BUSINESS / (ae) greece
Situation gets worse as talks drag on

Brussels, 05/05/2015 (Agence Europe) - Uncertainty about Greece forced the European Commission to revise down its macroeconomic forecasts, explained Economic and Monetary Affairs Commissioner Pierre Moscovici at a press conference on 5 May (see related article).

After a meeting later in the day with the Greek finance minister, Yanis Varoufakis, everyone agreed that the Eurogroup meeting on 11 May would be a new staging post rather than the crucial meeting as had been initially hoped.

The...