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Philippe Waechter

Chief economist

Greece: the die is cast

02.07.2015 - Philippe Waechter

Markets analysis by Philippe Waechter, chief economist.

"The deadline for the negotiations between the Greek government and the Troika (IMF, European Union, ECB) has passed - but Greece has not repaid the €1.6bn due to the IMF.


Yet, a final U-turn and a final proposal from the Greek government to the Troika yesterday gave rise to an unsuccessful Eurogroup phone conference. At the same time, the discreet request to the IMF for an additional repayment deferral went unheeded."

 

Read Market Flash 01/07/2015

Philippe Waechter is Head of the economic research department of Ostrum Asset Management.

Philippe joined Bred Banque Populaire in April 1988 as an economist. In 1994 he became Director of the economic research department. When Banque Populaire Asset Management was created in June 1998 (which then became Natexis Asset Management in May 2003) Philippe held the same position.

Philippe is graduated from the University of Paris I and worked as a Professor at the University of Evry from 2002 to 2003. He regularly works for the print and audiovisual media.

On Twitter

Philippe Waechter . 12m ago

La convergence vers la cible de la BCE est repoussée année après année. Les prévisions de croissance (convergence… https://t.co/nlzpQcm3w4

Philippe Waechter . 12m ago

La baisse de l'ensemble des taux a modifié les arbitrages dans le temps favorisant les dépenses immédiates au détri… https://t.co/6hWn6eFB6a

Philippe Waechter . 12m ago

La #BCE y met toute son énergie mais l'inflation ne converge pas franchement vers l'objectif (2%) qu'elle s'est fix… https://t.co/00WkQ6tiZe

On 3 April 2018, Natixis Asset Management became Ostrum Asset Management.