03-01-2015, 03:10 AM
Even before the ink was dry on the extension of its current bailout program, speculation is growing that embattled Greece is on the verge of asking for yet more cash. "The Greek need for a third program is extremely high," Carsten Brzeski, a senior economist at ING told CNBC via email. "There will be new negotiations. And these negotiations will be tough."
Does Greece need a THIRD bailout?
Greece's Left-wing Syriza government has vowed to block plans to privatise strategic assets and called for sweeping changes to past deals, risking a fresh clash with the eurozone's creditor powers just days after a tense deal in Brussels.
Greece to stop privatisations as Syriza faces backlash on deal - Telegraph
The interview is extremely juicy, for many reasons. First and foremost, it gives a good indication of the rhetoric employed by the Greek government at this moment, domestically. As you will see, the rhetoric (even) of Varoufakis – who is supposedly a moderate within the party – is a tad bit more heightened than in his appearances on international media. Secondly, it gives a very clear idea of what the Greek government intends to do (and what it intends not to do) in the short-term (i.e. the four-month extension period of the loan agreement), as well as the medium- to long-term (i.e. what happens after June).
The juicy interview of Greek Finance Minister, Yanis Varoufakis – The Greek Analyst