Pantheon Macroeconomics - We remain confident that a deal with Greece will be made, and that the country will stay in the euro area. But the need for both parties to avoid losing face domestically is still complicating the negotiations. Most importantly, Greece is no longer pledging an unconditional exit from the bailout program.

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18 Feb. 2015 Brinkmanship is being taken to the extreme in Greece, but a deal is close.

By Claus Vistesen

We remain confident that a deal with Greece will be made, and that the country will stay in the euro area. But the need for both parties to avoid losing face domestically is still complicating the negotiations. Most importantly, Greece is no longer pledging an unconditional exit from the bailout program.

Posted: 18th Feb 2015 in 'Eurozone Documents'

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