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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 . 13h ago

RT @ChadBown: The way to get the US trade deficit down is to encourage more savings — by the government and consumers. But since Trump to…

Philippe Waechter . 13h ago

RT @Cha_cha_mimi: Pendant que Mr Melenchon se préparait au pouvoir, moi aussi je me préparais à défiler pour Victoria secret, mais bon j'ai…

Philippe Waechter . 14h ago

RT @quatremer: Le Royaume-Uni, qui a tout fait pour saboter Galileo au motif que le GPS US existait et qui s’est battu pour empêcher qu’un…

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