We Have A New New New Greek Deal - Full Details And Live Webcast

The words commitment, support, hard-work, and reform are popular among these talking heads. Here are the details and the press conference - though do NOT try and use your calculator. The initiatives include Greek debt buybacks, return of Securities Market Programme (SMP) profits to Greece, reduction of Greek Loan Facility (GLF) interest rates, significant extension of GLF and European Financial Stability Facility (EFSF) maturities, and the deferral of EFSF interest rate payments.   Live Webcast:   27 November 2012 Eurogroup statement on Greece The Eurogroup recalls that a full staff-level agreement has been reached between Greece and the Troika on updated programme conditionality and that, according to the Troika, Greece has implemented all agreed prior actions. The Eurogroup in particular welcomes the updated assessment of the Troika that Greece has implemented in a satisfa...