Archive - Jul 12, 2015 - Story
A Broken Greek PM Says He Is "Ready For An Honest Compromise"
Submitted by Tyler Durden on 07/12/2015 09:09 -0500TSIPRAS: AGREEMENT CAN BE REACHED TONIGHT IF ALL WANT IT
Leaked Eurogroup Statement Demands Much More From Greece, Keeps "Temporary Grexit" Option
Submitted by Tyler Durden on 07/12/2015 07:35 -0500While there is "hope" in the unforgettable words of France's Moscovici, it is once again up to Greece to convince Europe it really wants to stay in the Union. According to Reuters, the Eurogroup is about to release a statement, whose draft it has seen, which will demand much more from the tiny country caught in a state of permanent depression. To wit: Greece will not be able to start negotiations on a third bailout until it makes changes to its sales tax and pension systems and strengthens the independence of its statistics office, a draft statement of euro zone finance ministers said on Sunday.
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