Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Disagreements delay troika's Greece report

Disagreements delay troika's Greece report (by MarketWatch)

FRANKFURT (MarketWatch) -- A disagreement between the European Commission and the International Monetary Fund over whether Greece's debt load is sustainable has delayed the release of a report by the country's "troika" of international lenders that would clear the way for the release of Greece's next aid payment of 8 billion euros ($11.01 billion), Dow Jones Newswires reported Thursday. The European Union, IMF and European Central Bank had been expected to release the report on Wednesday. The report, citing persons familiar with the matter, said the IMF has doubts about Greek debt sustainability and would prefer to release the aid tranche after creditors agree on a second bailout package that includes bigger writedowns for private bond holders. Talks are under way to resolve the disagreement, the report said. Greece needs the aid tranche by mid-November to avoid default, officials say.