"I'm not sure whether we should be optimistic," are quoted Jeroen Dijsselbloem by Bloomberg, "Greece can not expect that Europe will pour money into its banking system before solve the problems with the management in the financial sector." The Eurogroup will not modify the terms. Greece is required to continue the plan for quick reforms to be approved on 9 November next tranche. Restore confidence in the Greek economy, according Dijsselbloem, yet, both within the country and beyond.
Another disturbing element is that Greece is literally clogged with refugees. According to Deutsche Welle, there arrive near 6000 people per day. And the biggest concerns of the Greeks, that because of the deteriorating during all these people will be able to continue their way to Western Europe. In this regard, Europe seems trapped and so far no useful move. It is highly questionable whether the flooding of cheap labor will accelerate the European economy. In Greece, this could be plus or minus. By controlling of the incoming migrant flow Athens may derive economic benefits, but only by foreign - political way.
Internal problems in Greece will deepen. The unemployment rate reached 25.4 percent, and the IMF expects 26.8% for this year, forecasts for 2016 are for 27.1%; GDP fell by -2.3%, in the most optimistic scenario for 2016 will drop by another -1.3%. Migrants will add more negativity in sentiment.
It is not impossible Greece surprising to be in the spotlight in November and moved again most motivated speculative capital.
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