Quote Of The Day: "All EMU States Except Greece Oppose Debt Haircut"
The wunder-farce continues as hope remains that an accord on Greece can be reached this evening. German Finance Minister Steffen Kampeter believes "Greece has delivered" as pledged on reforms but, unlike the rest of the rational mathematics-capable free-world, believes that Greece can bridge its fiscal gap without a writedown, adding that:
- *KAMPETER SAYS GREEK OSI WOULD MARK `END OF GERMAN SOLIDARITY'
- *KAMPETER SAYS 16 [of 17!] EURO STATES REJECT GREEK OSI WRITEDOWN
Will beggars become choosers once again this evening?