Catharsis Ours: Special Greece Update ( July 15 , 2015 ) - State Of Play- Ever Changing ( Greece domestic politics , International And Troika Politics , IMF In Focus , Bridge Loan Financing Items - More Loans For Greece To repay Obligations to The IMF & ECB , Protests Return to Athens & Parliament Against Deal To Re-Open Talks , US Role Coming To Light Slowly , Vision Of A United Europe

Greece....

Evening Wrap....Much more at Tweet Feed !

Govt sources said yestr the #reshuffle will not just be 4 ministers who disagreed with deal, but wider, for the better functioning of govt

‏@fredwalton216

@daphnenews @ninarei @NinaDSchick @NikiKitsantonis Will be interesting to compare reshuffle moves vs NOs/Abstentions
https://docs.google.com/spreadsheets/d/1EAZVy4bC0YDOceksy7BpdypRgMf-sPTu_M_OAMvxnoc/edit#gid=0 …

fred walton retweeted

‏@NikiKitsantonis

Greek agreement with creditors passed easily into law with opposition support with 229 'yes' votes, 64 'no' and 6 abstentions.

fred walton retweeted

‏@yanpal7

Sorry - it's 32 'no', 6 'present' and from SYRIZA.

fred walton retweeted

‏@FGoria

TSIPRAS: I AM NOT RESIGNING, THIS GOV IS NOT RESIGNING - MNI

fred walton retweeted

‏@NikiKitsantonis

Riot police clash w protesters hurling firebombs as MPs debate austerity. Scenes didn't expect to see under Syriza gov 

fred walton retweeted

‏@DanhawkinsDh

Latest #Athens #Greecebailout protests begin with #PAME trade union march, joining other groups in #Syntagma square 

fred walton retweeted

‏@johannajaufer

Majority of #Syriza (109 of 201) central committee rejects "agreement" cc @fredwalton216  @Frances_Coppola #Greece 

fred walton retweeted

‏@StKallinos

*ECB SAID TO PLAN THURSDAY DECISION ON GREEK EMERGENCY BANK AID

fred walton retweeted

‏@pdragoumis

Apparently Tsipras said that if fewer than 120 Mps from his government vote for the bailout he will resign

‏@pietercleppe

Some uncertainties re Greece: Bridge loan, Finnish coalition and Dutch governing VVD still to decide whether to support Greek deal tomorrow

‏@EdConwaySky

If, as looks likely, EFSM used for Greek bridge loan, UK will indeed be involved in the Greek bailout - albeit w/ protection against default

Morning Report....

‏@fwred

ECB Awaits Midnight Athens Signal as Greek Banks Held in Limbo, by @Jeffrey_Black. http://www.bloomberg.com/news/articles/2015-07-15/ecb-awaits-midnight-athens-signal-as-greek-banks-held-in-limbo …

‏@MehreenKhn

Commission scrambling around for funds. Now admit €5bn for August repayments might come from ESM http://www.telegraph.co.uk/finance/economics/11738150/Greece-news-live-Tsipras-admits-he-signed-an-agreement-he-does-not-believe-in-ahead-of-crucial-parliamentary-vote-on-controversial-reforms.html …

‏@IrateGreek

And the band on the Titanic plays on. #GreeceFarce  

Peter Spiegel @SpiegelPeter

At presser, @VDombrovskis comes back to my Q: EFSM would be used only for €7bn #Greece needs by Mon. Additional €5bn for Aug not yet decided

Marian Houk retweeted

‏@SMerler

#Greece enters another high-noon day & it's perhaps worth reminding the vote today it is just preliminary to the real negotiations.

Asteris Masouras 正义 retweeted

‏@DirkHoeren

#EU_Commission confidential proposal for bridge financing #Greece: 7 bn from #EFSM for 3 months in one instalment 

‏@Elbarbie

ΕFMS not easy option,member states expressed concerns,working on how 2 collateralize loan &provide guarrantee 4 he state says @VDombrovskis

‏@StKallinos

*DOMBROVSKIS: NEGOTIATIONS ARE ON-GOING - ACCORD ON EFSM FINANCING NOT REACHED YET

‏@minefornothing

DOMBROVSKIS SAYS EU COULD USE SMP, ANFA PROFITS TO GIVE NON-EU STATES GUARANTEES, OTHER OPTIONS OPEN

‏@minefornothing

Finland has also not yet agreed to use EFSM for Greek bridge financing

‏@OpenEurope

Commissioner dombrovskis: use of EFSM not easy option, no obvious other options.

‏@tarapalmeri

IMF has made their opinion on #greece debt sustainability public on their website http://www.imf.org/external/pubs/ft/scr/2015/cr15186.pdf?hootPostID=2cd94f17236d717acd9949448d794045 …

‏@Schuldensuehner

EU's Dombrovskis: EFSM to provide bridge financing to #Greece. Protection sought for Non-Euro states in EFSM aid. (BBG)

‏@MehreenKhn

Commission will do its best to "protect" non-euro members after using €7bn in EFSM loans for Greece @VDombrovskis http://www.telegraph.co.uk/finance/economics

The Greek Analyst retweeted

‏@JarnoHa

Dombrovskis: Greek economy is back in recession, banking system on the brink of collapse and state building in arrears. #Greece

George D. retweeted

‏@Simon_Nixon

Dragasakis *thanks* Washington for help with deal - a clear sign that the #ThisIsACoup mob have missed the point.  

Kathimerini English @ekathimerini

Greek deal may not have happened without Washington, says Dragasakis http://dlvr.it/BX6jq6  

The Greek Analyst retweeted

‏@livesquawk

EU’s Dombrovskis Says There Is No Prospect For Bilateral Aid For Greece
- Greece Faces Urgent Financial Needs
 $EURUSD

‏@YanniKouts

#Greece Alt FInanceMin Valavani resigns via open letter to PM Tsipras.

Zoe Keller retweeted

‏@AnnPettifor

ECB’s mandate: "full employment, social progress and SOLIDARITY amongst member states.”By pulling plug on ELA ECB caused this crisis..

Theodora Oikonomides retweeted

‏@BrankoMilan

Kafka and Tristan Tzara. 

Theodora Oikonomides @IrateGreek

To be clear: the Greek parliament is voting today on a deal everyone knows is unfeasible, the IMF rejects & Schäuble doesn't want. Right?

Zoe Keller retweeted

‏@AnnPettifor

#Grexit is now inevitable…as German parliament will not accept non-IMF involvement. What an incredible mess…made by world ‘leaders"

‏@paulmasonnews

Protester outside Greek parliament says it with a symbol. 

Albert Broomhead retweeted

‏@SonyKapoor

The #IMFs colossal failure in #Greece will haunt it forever… No wonder it wants out now… via @Birdyword 

‏@SMerler

#Greece Commission vs. IMF #DSA, spot the difference. 

‏@MehreenKhn

So, €7bn loan from the EFSM, to be repaid once Greece gets a new rescue. What will Britain do? http://www.telegraph.co.uk/finance/economics/11738150/Greece-news-live-Tsipras-admits-he-signed-an-agreement-he-does-not-believe-in-ahead-of-crucial-parliamentary-vote-on-controversial-reforms.html …

‏@OpenEurope

EU-wide EFSM fund can be deployed for#Greece with a qualified majority vote - despite opposite of non EZ countries: http://openeurope.org.uk/daily-shakeup/schauble-many-people-in-the-german-government-think-grexit-would-be-a-better-solution/ …

‏@MehreenKhn

Commission lays out its EFSM plans here - http://ec.europa.eu/economy_finance

‏@Schuldensuehner

Cyprus & #Greece suffered largest population declines in EU during 2014 as people leaving in search of jobs (via BBG) 

‏@albertjohn

MT @OlivierDrot  "My pension is 201 €.  #Greece is hungry. We can no longer sleep" #Athens #Syntagma 

‏@V5M1000

Precisely; #Grexit has begun. #GreeceCrisis #Eurozone #Greecebailout  

The Ruminating Sheep @ruminantsheep

@BrunoBrussels Schauble's #Grexit will happen, but nobody wants to be seen to pull the trigger.  Including the #Greeks

‏@OpenEurope

New Kapa Institute/To Vima Poll of Greeks:

- 51.5% support bailout deal
- 70.1% say parliament should approve it: http://openeurope.org.uk/daily-shakeup/

‏@pietercleppe

Majority in Dutch Parliament wants Dutch govt to publish IMF report which reveals that Greece needs even more money http://nos.nl/artikel/2047110-kamer-wil-imf-rapport-plus-oordeel-kabinet.html …

‏@OpenEurope

#Tsipras accuses creditors of illogical measures - IE VAT hikes on hotels & restaurants: http://openeurope.org.uk/daily-shakeup/schauble-many-people-in-the-german-government-think-grexit-would-be-a-better-solution/ …

‏@SMerler

After "temporary #grexit" put on table, I doubt EG has any credibility left to be undermined.. http://ec.europa.eu/economy_finance/assistance_eu_ms/documents/2015-07-10_greece_art__13_eligibility_assessment_esm_en.pdf … 

‏@OpenEurope

#Tsipras hints that he will not resign & that he will "fully assume his responsibilities," http://openeurope.org.uk/daily-shakeup/schauble-many-people-in-the-german-government-think-grexit-would-be-a-better-solution/ … #Greece

‏@V5M1000

Everyone's nightmare; forced fiscal union on horizon - no going back http://nyti.ms/1K70FZO  #Eurozone #GreeceCrisis  

A Evans-Pritchard @AmbroseEP

Germany's EMU nightmare coming true. IMF floats 'Transfer Union' for Greece, debt moratorium. Explosive. 
http://www.telegraph.co.uk/finance/economics/11739985/IMF-stuns-Europe-with-call-for-massive-Greek-debt-relief.html …

‏@g_mastropavlos

The FinMin of #France is on same line as IMF on #Greece debt relief  http://news.yahoo.com/frances-sapin-says-same-line-imf-greek-debt-071228196--business.html …

‏@OpenEurope

ECB's Coene - #Grexit may have been better and 'less painful' option “Because of depreciation of currency" :http://openeurope.org.uk/daily-shakeup/schauble-many-people-in-the-german-government-think-grexit-would-be-a-better-solution/ …

‏@IrateGreek

Again: Even my cat knows it's not viable. It's unfeasible, it's pie-in-the-sky and it exists only on paper. #Greece 

Marita Vlachou @maritavlachou

Greek FM #Tsakalotos: It's a tough deal - Only time will tell if it is economically viable #Greece #greekment

‏@pietercleppe

After 2017, the eurozone can overrule the non-eurozone on #EFSM, leading to "#Euroexit": https://twitter.com/OpenEurope/status/620957148705648640 … p22: http://archive.openeurope.org.uk/Content/Documents/Pdfs/continentalshift.pdf …

Open Europe @OpenEurope

If EU were to decide to use EFSM for Greek bridge loan, non-euro member states could block it using old voting rules 

‏@nickkounis

Bridge finance row #UK #EC #Greece 

fastFT @fastFT

As @spiegelpeter reveals here, the EC-UK row over use of EU rescue fund for Greece may soon get even louder. http://on.ft.com/1M5b8Ev 

‏@dgatopoulos

PM posts full interview to state TV 

#Greece

a.tsipras @atsipras

Oλόκληρη η χθεσινή συνέντευξη στην ΕΡΤ-1 @ErtSocial #Greece https://goo.gl/EsupCr  

‏@NikiKitsantonis

Head of Syriza's Left Platform Lafazanis says won't vote for 3rd memorandum, says others shd do same. Says Greece has alternative solutions

‏@ekathimerini

Spain to put Greek deal to parliament vote http://dlvr.it/BX9MdP  

‏@Schuldensuehner

Another German Bund auction failed. #Germany sold €4.1bn at yield 0.88% highest since Oct. Bids €4.5 bn < €5bn offer. 

Catharsis Ours

Wednesday, July 15, 2015

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