Evening tweets - Covering the day......
@Hugodixon However, not clear if Piraeus has the avaliable funds to roll over maturing tbills or to cover exiting foreign investors.
#Spain's FinMin de Guindos says #eurozone discussing 3rd bailout for #Greece. Not so, say Greece and eurozone.
ESM: MoU hasn’t run out – Greek govt: No, it ended with the election http://en.protothema.gr/esm-the-mou-has-not-run-out-greek-govt-the-mou-ended-on-the-day-of-elections/ … More back / forth between Greece and creditors
Eurogroup Chief Dijsselbloem says that in the Eurogroup meeting on March 9th they might discuss a Greek loan program (@RANsquawk)
#Greece FinMin Varoufakis says Draghi & Lagarde's letters to the Eurogroup have 'no value'. #ECB #IMF
#Greece FinMIn re today’s EFSF announcement: EFSF statement isn’t binding. EFSF has no substance, it does what Eurogroup tells to it
VAROUFAKIS: HAVE TO SETTLE DEBT PROBLEM BEFORE BORROWING AGAIN. so much win
GREEK FINMIN VAROUFAKIS SAYS WE ARE IN THE PROCESS OF SECURING FUNDING FOR THE NEXT FOUR-MONTH PERIOD. Funding now in 4 month increments?
#Varoufakis: "We are CERTAIN that the REPAYMENTS of debts will be made in full, ESPECIALLY to IMF." #Greece #enikos
#Greece FinMin Varoufakis says despite strong opposition within Syriza, he sees most MPs voting for future reform bills due to party culture
Varoufakis says he doesn't know that Public Power employees got a raise!
#Greece FinMin Varoufakis says will unveil 6 reforms at March 9 Eurogroup.
Getting nasty: GREEK GOVT COMMENTS ON SPAIN, PORTUGAL `FOUL PLAY': JAEGER
GREEK BANKS BORROWING CLOSE TO EU100B FROM EUROSYSTEM: KARAVIAS
One person familiar with #ECB thinking on #Greece said that any extension of the T-bill limit was "very unlikely" ~Reuters
#ECB uncomfortable with leading role in Greek funding drama' ~@Reuters http://reut.rs/1DuJNDw #Greece
Gov't spox Sakellaridis says #Greece's programme extension will not be introduced into parliament for a vote ~@Real_gr
Following BoG letter, Greek banks now need #ECB's permission even to rollover existing Tbills.
#ECB & BoG send letter to #Greece's banks asking them to close funding loopholes for the Greek state http://www.ethnos.gr/article.asp?catid=22770&subid=2&pubid=64148453 … ~@nikos_meletis
Schaeuble urges Greece to implement reforms http://dlvr.it/8nnjT3
Greece's Next Move - The New Yorker http://dlvr.it/8nnTPv
Senior Syriza Official hints at new election in Greece if deal cannot be reached with the Eurogroup, ECB and IMF
#Greece Snr govt official: If its decided that we wont backtrack +we will go through the end, a reaffirmation of popular mandate is required
#Greece Senior Syriza official to @capitalgr : What we have agreed with our creditors, it is not going to be implemented, and we all know it
#Greece FinMin doesn't make the (debt) payment (2 ECB this summer) on time, that's a so-called default http://reut.rs/1M0QnGl
#Greece | Following today's developments at Syriza, I see the conclusion of the review by the Institutions as highly problematic.
#Greece is being forced into purgatory to save the euro. http://www.telegraph.co.uk/finance/economics/11443653/Greece-is-being-forced-into-purgatory-to-save-the-euro.html …
Rajoy Denies Tsipras Claim That
#Spain Sought to Undermine #Greece. http://www.bloomberg.com/news/articles/2015-03-01/rajoy-denies-tsipras-claim-that-spain-sought-to-undermine-greece … via @business
Rajoy blasts irresponsibility of radical left In Greece in response to Syriza leader's attack on Spain https://www.thespainreport.com/14441/rajoy-blasts-irresponsibility-of-radical-left-in-greece-in-response-to-syriza-leaders-attack-on-spain/ …
1 How could Varoufakis "squeeze blood out of a stone" and stop Greece going bust in next month when it needs to pay IMF?
2 Maybe a) higher arrears (€700m) b) raiding deposits held by extra budgetary funds (€1.5bn-2bn) c) getting Piraeus Bank to buy €1bn t-bills
3 Reason Piraeus Bank might be fingered is bcse it didn't roll over t-bills about 1 month ago. if it reverses decision, extra cash for govt
#Greece's lenders caught on hop by govt's draft laws, aim to use funding gap to apply pressure reports @Elbarbie http://ekathimerini.com/4dcgi/_w_articles_wsite1_1_01/03/2015_547762 …
Extensive analysis by @eschizas on the social impact of the crisis in #Greece. Very useful insight http://lolgreece.blogspot.co.uk/2015/02/greeces-humanitarian-crisis-fact-and.html …