Tweets.......
Greece ......
Creditors offer #Greece six-month bailout reprieve as Tsipras weighs response. http://gu.com/p/4a23n/stw
@Schuldensuehner Fish or cut bait time....
Greece’s international creditors are aiming to strike a deal to stop Athens defaulting on its 1
@Schuldensuehner austerity-battered country- officials stressed that breakthrough hinged on positive response from Greek PM Tsipras.4
@Schuldensuehner ,Tsipras believed to have discussed offering Greece’s creditors – the European Central Bank (ECB), the IMF and the 5
@Schuldensuehner European commission – unspecified concessions on tax and pensions reform. 6
@Schuldensuehn Not clear that Tsipras would be able to go far enough to make a final agreement possible on Monday, when the country’s 7
@fredwalton216 banks and the international money markets reopen after another weekend of pressure on the Greek financial system. 8
@fredwalton216 Debt restructuring to be promised to Athens in the future, would come with strings attached-not part of the current B.O 10
Greek Creditors’ Meeting Ends With No New Proposals: EU Diplomat: BBG
Overall, nothing materially new at the moment re updated #Greece proposals. #ec #ecb #imf #eurogroup
According to @MegaGegonota , the final #Greece gov’t proposal includes ...
(1) VAT: 13% on electricity, 23% on food services remains under discussion, abolition of 30% discount probably only in large islands #Greece
(2) Pensions: Gradual limiting of early retirement since Jan 2016, rules out cuts in high supl pensions, as the fs impact is limited #Greece
(3) Extra levy on corporates with profits >€500k, abolition of 30% discount of solidarity levy for annual income >€30k #Greece
Mehreen retweeted
#grexit only ecb raising greek tbills ceiling by monday next week can prevent default to imf - eu sources
Surprising # of well-established businessmen & well-off Greeks are in favor of #Grexit (not just default), thinking this will lead to (1)
the debunking of the #Syriza-led govt, and consequently of state-fed clientelism, statism & years of crony capitalism. (2)
Meeting of Greek cabinet, which began late this morning has now been completed, reports @amna_news #Greece #euro
#Austria finmin expects Greek banks to be open without problems over next few days on ECB ELA. http://reut.rs/1BEdgk6
Martha Siska retweeted
While the negotiations evolve...thousands of people demonstrate for solidarity to #Greece in Brussels
Tsipras reiterated to Merkel, Hollande & Juncker agrmnt shld be mutually beneficial, shd provide permanent solution not postponement ~offcls
#Greece PM Tsipras in phone call w #Germany's Merkel, #France's Hollande & #EU's Juncker presented the new Greek proposal ~officials
Varoufakis: Greece prepared to compromise http://ift.tt/1IWTn7k
Mish's Global Economic Trend Analysis: Goodbye Kiss Today? http://po.st/FyWJu5 via @po_st
Mish gives his thoughts on Greece
Mehreen retweeted
Why the state of Greek hospitals tell us the drachma could be coming by @MehreenKhn in Athens http://www.telegraph.co.uk/finance/economics/11689465/Why-the-state-of-Greek-hospitals-tell-us-the-drachma-could-be-coming.html …
Tsipras meets with cabinet on eve of bailout talks http://dlvr.it/BH8q0r
Amid fears of Greek controls, Cyprus shows restrictions are bearable http://dlvr.it/BH6rWD
Athens says Europe 'doesn't need IMF' on eve of crunch summit http://dlvr.it/BH6spq
Frederik Ducrozet retweeted
I'm told change in Mon #eurogroup time due to scheduling, not hopes/fears re: #Greece proposals. @J_Dijsselbloem in p.m. pre-summit meetings
The Greek Analyst retweeted
Frederik Ducrozet retweeted
I have and inkling feeling that this is going to be one of them phone call Sundays...three down, many to come. #Eurogoup
Frederik Ducrozet retweeted
Payment to #IMF is also a political decision, bef few days we paid €300mln to EIB, so not a liquidity issue, Mardas tells @ErtSocial #Greece
Frederik Ducrozet retweeted
No problem with the payment of wages and pensions at the end of month, #Greece Alt FinMin Mardas tells @ErtSocial (via @naftemporikigr)
Rift and agreement are on the table with equal odds, #Greece Dep Parliamentary Speaker Mitropoulos tells @MegaGegonota #ec #ecb #imf
Fasten your seat belts and remain cool, #Greece gov't sources suggest, according to @euro2day_gr #politics #economy #ec #ecb #imf #eurogroup
Goldman Sachs: Our base case remains that no agreement will be reached between #Greece & its
official creditors in the coming few days
GS: Tech default/issuance of
IOUs/deposit blocks may b needed 2break political impasse that prevents an accommodation being achieved #Greece
GS: Possibility exists that technical default/IOUs precipitate a chaotic situation that results in an inexorable slide 2 Grexit #Greece
DB: It is more likely that solution will require that Greek govt converges to European position given broad support in Greece to remain in €
EU Commission’s new plan sees extending Greek aid to Sept, FAS reports.
FAS story on #Greece 3-month extension sees disbursement of €1.8bn tranche + €1.9bn SMP profits + €6bn out of EFSF's €10.9bn bank recap fund
ECB’s Nowotny says #Austria #Greece risk €5-6bn. http://m.kurier.at/politik/eu/notenbank-gouverneur-ewald-nowotny-es-ist-ernst-das-ist-allen-bewusst/137.260.853 …
Broader Europe items / views from European key leaders and Fin Mins on Greece .....
Saudi Arabia and #Russia to Invest Up to $10 Billion in Joint Fund � Report http://tmt-go.ru/524077 #business
Belgium Says Accounts Blocked Over Yukos Settlement Being Unfrozen http://tmt-go.ru/524076 #business
European Council President Tusk: Meeting of € leaders "won't be final step. Detailed technical discussions remain job of Eurogroup". #Greece
The way it's looking now, if technical talks yield no progress any summit of €-zone leaders risks being pretty much a waste of time. #Greece
Again, the message to Tsipras is clear: a political agreement won't be enough. #Greece
Clear message from Spanish FinMin Luis de Guindos: Political deal important, but not enough. Technical agreement also essential. #Greece
Italian FinMin Padoan basically saying that, if Grexit happens, rest of Eurozone should use it to speed up further integration. #Greece
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