{"id":723426,"date":"2010-04-25T13:23:00","date_gmt":"2010-04-25T17:23:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/greece-traders-will-lose-their-shirts-betting-against-us-2010-4"},"modified":"2010-04-25T13:23:00","modified_gmt":"2010-04-25T17:23:00","slug":"greece-finance-minister-traders-will-lose-their-shirts-betting-against-us","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/723426","title":{"rendered":"Greece Finance Minister: Traders &#8216;Will Lose Their Shirts&#8217; Betting Against Us"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"float_right\" src=\"https:\/\/i0.wp.com\/static.businessinsider.com\/image\/4b704d440000000000141292-400-\/giorgos-papaconstantinou-ap.jpg?w=400\" border=\"0\" alt=\"Giorgos Papaconstantinou AP\"  \/><\/p>\n<p>Greece&#8217;s finance minister George Papaconstantinou expects negotiations over the country&#8217;s 45 billion euro lifeline from the IMF to be concluded by mid-May. Which is important since Greece has 8.5 billion worth of bonds maturing on May 19th.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=aby7bAy78kqo&amp;pos=1\">Bloomberg:<\/a><\/p>\n<p style=\"padding-left: 30px;\">In a press conference at the International Monetary Fund, Papaconstantinou described as a &ldquo;red herring&rdquo; speculation that Greece will be forced to restructure its debt, and he ruled out leaving the euro area. He said the loan package will be &ldquo;comprehensive&rdquo; and last for three years.<\/p>\n<p style=\"padding-left: 30px;\">&ldquo;A number of people have been betting in certain ways. All I can say is they will lose their shirts,&rdquo; he said in Washington. &ldquo;I want to categorically restate that any notion of restructuring is off the table for the Greek government.&rdquo;<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=aby7bAy78kqo&amp;pos=1\">Read more here &gt;<\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/greece-traders-will-lose-their-shirts-betting-against-us-2010-4#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/3jIMZZcz908\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greece&#8217;s finance minister George Papaconstantinou expects negotiations over the country&#8217;s 45 billion euro lifeline from the IMF to be concluded by mid-May. Which is important since Greece has 8.5 billion worth of bonds maturing on May 19th. Bloomberg: In a press conference at the International Monetary Fund, Papaconstantinou described as a &ldquo;red herring&rdquo; speculation that [&hellip;]<\/p>\n","protected":false},"author":4069,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-723426","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-32ca","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/723426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/4069"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=723426"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/723426\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=723426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=723426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=723426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}