In America, we call such actions "kicking the can down the road." In Europe it is called "diplomacy."
Supposedly Greece will come forward with a list of "reforms" they are willing to undertake. It is probably too much to hope for that these will be substantive changes in the direction of Greece living within its admittedly limited means.
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In another story, CNBC reports that Moody's Investors Service has downgraded Russia's sovereign debt to "junk" status. Moody's cited "the crisis in Ukraine and the falling price of oil." And they add:
Russia is expected to experience a deep recession in 2015 and a continued contraction in 2016.
