Another month of arrears due to IMF ....
If @smerler is right, then Stathikis's statement that all deposits are safe is not remotely credible: http://www.bruegel.org/nc/blog/detail/article/1679-preserving-the-greek-financial-sector-options-for-recap-and-assistance/ …
@sturdyAlex Seem to be the point - Afraid of a European spring --- Slovakia's Finance Minister -->
What #Germany thinks about the #Greece deal: 52% for new loans vs 44% against; 57% say reform measures ok (22% want more; 13% less). (1/2)
Greek civil servants union calls strike for Wed; local authority staff & pharmacists to walk out too to protest Parlt vote on new austerity.
Important: Even if Greece fulfills conditions, these are only the "minimum requirements to start the negotiations" http://www.theguardian.com/business/2015/jul/13/greece-debt-agreement-eurozone-summit-statement …
Parliament speaker Zoe Constantopoulou tells @geoterzis she has no intention of resigning ahead of apparent censure motion #Greece
STUBB: NO EUROGROUP AGREEMENT ON BRIDGE FINANCING FOR GREECE
MPs from SYRIZA's Left Platform will likely abstain/be absent from vote on prior actions but not considering resignation - Skai TV #
#Junker confirms he talked with Greek opposition leaders to "secure measures will pass" in Parliament. Protectorate.
Brill, harrowing account of a brutal night in € history by @BrunoBrussels(Juncker fell asleep) http://www.thetimes.co.uk/tto/news/world/europe/article4496940.ece …
GREEK FIN MIN OFFICIAL SAYS GREECE WILL EXTEND BANK HOLIDAY. Unclear for how long
GERMAN VOTE ON GREEK BAILOUT EXPECTED JULY 17: SPEAKER
Stubb of Finland:"I'm a little bit miffed that the hardlines are getting shafted here". Says IMF involvement is a sine qua non for Europeans
Tentative Deal Strips Greece of Sovereignty, Makes Debt Relief Dependent on Complainece: The tentative deal de... http://bit.ly/1Lb8YSV
Think I figured why
#Greece needs €7bn by Mon: €3.5bn @ECB bond, €0.6bn interest on that bond; €1.5bn #IMF arrears, €1.6bn owed IMF in July
Lest everyone forget, final #Greece statement makes clear there's no bailout yet. This deal just on reopening talks
Bond markets cheer that Greek bonds will become eligible for #ECB's QE programme, ones Greek bonds transferred to ESM
SYRIZA senior official tells me:"with such an important rupture within party- how can we avoid elections"
#Greece @Brusselsness @FRANCE24
Fabrizio Goria retweeted
which means that by January 2016 there will be nothing left to bail-in in Greek banks beyond ELA & insured deposits.
Citi: Tsipras returns to Athens w/ a deal significantly more restrictive than that rejected by Greeks 8 days ago. http://www.consilium.europa.eu/en/press/press-releases/2015/07/pdf/20150712-eurosummit-statement-greece/ …
Tsipras & Kammmenos meeting this afternoon & Independent Greeks MPs to hold talks at 8.30 a.m. tomorrow, reports @geoterzis #Greece
SYRIZA senior official tells me dissent w/in SYRIZA likely to lead to elex; opposition parties to vote in new bailout
Read it and weep - full Council statement on Greek humiliation http://dsms.consilium.europa.eu/952/system/newsletter
"Grexit might have been avoided for a couple of weeks or – in a best-case scenario – for a couple of months" -
The biggest risk now is implementation in the coming days, weeks, months against the background of a deepening recession
#ECB said to hold Emergency Funding ELA for Greek banks steady at €89bn. (RTRS)
Dijsselbloem 'The banks have to be refinanced from aid program, but after that I take it that they’re worth money and then we can sell them'
Slovak PM not sounding very optimistic “It would be a small miracle if Greece meets the commitments that Prime Minister Tsipras has pledged”
1. Worst deal offered to Greece in last 6 months 2. Germany lost monpol argument, still owns fiscal policy 3. Huge slap for Podemos
Marcus Walker retweeted
How past (IMF) predictions for Greek privatisation proceeds turned out. (From the latest DSA)
Copies of what EU officials said were 'final conclusions' from 14-hour summit via on Greece. Via
@jameskanter http://www.nytimes.com/interactive/2015/07/13/world/europe/document-text-of-the-euro-summit-statement-on-greece.html?_r=0 …
A small victory re €50-bln assets fund. To be set up in Greece + managed by Greek authorities (under supervision of European institutions).
Clarification:Merkel called for laws passed in Greek Parl since Feb to be annulled, saying Greece will be given help for humanitarian crisis
@tsipras_eu concedes deal will be difficult to implement and 'may be recessionary' but says Greeks will back as gives hope of recovery.
Nina Schick retweeted
Deal agreed in princple but no complaceny, plenty of hurdles to fall over - approval of Greek & other parliaments as well as final details
And again - no haircut. #Greece
#Greece talks: #Tsipras agrees to everything & more that he told ppl to reject in #Grefenderum. #Grexit (temporarily) off table.
Some More Key Provisions of Sunday Agreement.....
The new Greek fund. Read carefully, please.
The Greek authorities must legislate without delay a first set of measures. These measures
Greek banks: The ECB/SSM will conduct a comprehensive assessment after the summer. Try to imagine the shortfalls
The part of Euro Summit statement about debt sustainability. Conditionality everywhere. #Greece