Wednesday, June 24, 2015

Greek Debt Talks Unraveling



The Telegraph: Greek crisis: deal unravels both sides reject reform measures before crunch finance ministers meeting

Grexident looming? Tsipras hits back at creditors who reject plan ahead of third Eurogroup meeting in less than a week

• Tsipras plan rejected by creditors this morning. Counter proposals from creditors have also been rejected by Athens this PM
• PM summoned to Brussels to meet with IMF, ECB and EC
• ECB agrees to pump more money into Greek banks
Embattled Alexis Tsipras faces domestic revolt over plans to implement 'harsh' austerity blitz
British tourists will be hit by Greek tax hike plans
A Greek capitulation: Has Tsipras finally crossed Syriza's 'red lines'?

Update #1: Tsipras flies to Brussels to try to bridge gaps with Greece's creditors -- Reuters
Update #2: Divisions Remain as Eurozone Finance Ministers Meet Over Greece Deal -- WSJ

WNU Editor: Zero Hedge called it right .... Why The IMF Will Reject The Latest Greek Proposal In Just Two Numbers (Zero Hedge). I mentioned a few days ago that an agreement will be reached to delay any hard decisions on what to do with the Greed debt crisis .... unless of course Greece proceeds to mess it up. Cough .... cough .... Greece is messing it up.

Update #3: Greece Rejects "Totally Unaccepetable" IMF Counterproposal Demanding Pension Cuts, VAT Hike -- Zero Hedge

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