Greek bankruptcy averted, for now
50 Euro Notes - European Central Bank by BlatantWorld.com
License (according to Flickr): Attribution License
License (according to Flickr): Attribution License
ATHENS, Greece Greece has avoided imminent bankruptcy after its international creditors finally agreed to give it the money it urgently needs but the cash-strapped country's economic distress is likely to drag on for years to come. After three weeks of negotiations, Greece's euro partners and the International Monetary Fund agreed to release vital loan payments totaling some 44 billion euro ($57 billion) and introduce a series of measures designed to reduce the country's massive debts to a more manageable level within a decade. These include reducing the interest rates Greece has to pay on the loans and a bond buyback program. Greek Prime Minister Antonis Samaras hailed the agreement in Brussels early Tuesday as a victory that heralds "a new day for all Greeks," but the reaction in the markets was a bit more cautious. Most stock markets in Europe were modestly higher.
People:
Greek Prime Minister Antonis Samaras
Overall Sentiment: 0.658077
Relevance: 0.24561
Alexis Tsipras
Overall Sentiment: -0.0778321
Relevance: 0.211784
| Sentiment | Quote |
|---|---|
| -0.15597 | "The solution does not include a viable program for Greece, therefore it is no solution," he said. ... |
| -0.183266 | "The solution does not include a viable program for Greece, therefore it is no solution," he said. "(It follows) successive failures of a program that has destroyed our society and meets none of the targets it sets." |
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Rainer Bruederle
Overall Sentiment: 0.0491803
Relevance: 0.170654
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Gary Jenkins
Overall Sentiment: 0.0244945
Relevance: 0.164931
| Sentiment | Quote |
|---|---|
| -0.180938 | "There remains the potential for this deal to fall apart in the medium term as there are a lot of moving parts and it is a long way away from the permanent fix that the IMF had been insisting upon," said Gary Jenkins, ... |
| -0.167571 | "There remains the potential for this deal to fall apart in the medium term as there are a lot of moving parts and it is a long way away from the permanent fix that the IMF had been insisting upon," said Gary Jenkins, managing director of Swordfish Research. "Instead it is just one more big kick of the can down the road." |
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Key:
- Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
- The Mean is meant to be an indicator of an individual's average comment sentiment.
- The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).
Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.
Additional Info:
Country: Greece
Overall Sentiment: 0.0342505
Relevance: 0.896146
Disambiguation: Location | GovernmentalJurisdiction | WineRegionReferences:
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Source Site: Greek bankruptcy averted, for now
After weeks of negotiations, Greece's creditors agreed to release vital loan payments totaling some $57 billion
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Greek bankruptcy averted, for now
URL Provided Keywords:
- antonis samaras
- bailout
- cash
- christine lagarde
- debt crisis
- dpst cbseuro
- european commission
- eurozone
- Greece
- greek
- IMF
Source Site: Greek bankruptcy averted, for now
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