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Eurogroup To Hold Press Conference Momentarily: Live Webcast

Tyler Durden's picture




 

Update: EUROGROUP SPOKESPERSON SAYS AGREEMENT REACHED ON GREECE

While the Eurogroup will present a Greek deal in a few minutes, which will have the following big picture framework:

  • 4 not 6-month extension
  • no completion of current program
  • no new austerity measures
  • no unilateral actions

some of the key terms remains undisclosed, and somewhat unexpectedly Reuters reports that Greece will have until Monday, which is a national holiday, to list the planned measures it intends to take. It is surprising that Germany has agreed to an open-framework of this nature, which also means that once the final memorandum is available, everyone will dissect the language to find out just who folded.

So while we wait, the Eurogroup's press is said to begin momentarily. Watch it live below.

 

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Fri, 02/20/2015 - 16:21 | 5809168 scatha
scatha's picture

Where is Varoukakis press conference? So far I hear propaganda utterances nothing else.

From what those liars from Eurogroup say Greeks stay in the austerity program which is to be evaluated next week in order to give that loan extension. 

 

If that's true Greeks surrender.

Fri, 02/20/2015 - 16:23 | 5809187 SpanishGoop
SpanishGoop's picture

Spain, Italy, Portugal etc. start you EU blackmail now while the EU is on his knees.

Do kick a institution when it is down but do it better than Greece did.

 

 

 

 

 

Fri, 02/20/2015 - 16:36 | 5809281 SpanishGoop
SpanishGoop's picture

Do whe have a live feed from Athens somewhere ?

 

Fri, 02/20/2015 - 16:23 | 5809188 prospero matthews
prospero matthews's picture

WW3 to Commence in 3.5 months......or less.....and....have a nice day.  :>

Fri, 02/20/2015 - 16:26 | 5809221 wissen dass scheiBe
wissen dass scheiBe's picture

"We got a chicken in the barn! Who's barn?  Our barn!!"

Fri, 02/20/2015 - 16:27 | 5809229 hotrod
hotrod's picture

Dont forget to TWEET your congrats to YANIS the warrior.

Fri, 02/20/2015 - 16:29 | 5809244 crowd
crowd's picture

What a bunch of confused, tired, incoherent and arrogant retards.

Fri, 02/20/2015 - 16:33 | 5809269 Jonesy
Jonesy's picture

YEAH, the dog and pony show continues!   I like ponies.

Fri, 02/20/2015 - 16:36 | 5809280 trader1
trader1's picture

Is everyone here?

Look at the audience.

They are on the front lines!

Go get 'em boys and girls!

Peace and Love for All

Fri, 02/20/2015 - 16:38 | 5809291 TyCarrerra
TyCarrerra's picture

I guess this will make the Greek far right even stronger.

Fri, 02/20/2015 - 16:39 | 5809303 Sizzurp
Sizzurp's picture

Reading between the lines, the greek leadership didn't have enough time to get their act together on currency reform and avoiding bank runs, so they figured it was best to avert immediate financial armageddon in favor of a more controlled transition.  Can't say I blame them.  This is Sparta !! Begin the drachma printing.

Fri, 02/20/2015 - 16:40 | 5809311 SpanishGoop
SpanishGoop's picture

Looks and sounds like it is way past Shaubles bedtime.

 

Fri, 02/20/2015 - 16:41 | 5809324 GeorgesamaBushLaden
GeorgesamaBushLaden's picture

They took Prime Minister Tsipras down into a darkly lit basement, and pushed his head toward a table with a blood covered vice attached: "Sign the agreement or were gonna pop your eyes outta your fuckin' head. Then we're goin' after your family."... That how all agreement are made nowadays in this age of bankster crime families.

Fri, 02/20/2015 - 18:05 | 5809809 Crocodile
Crocodile's picture

Amazing that a small group called the EU Comissioners can have so much authority over so many nations and they are not even elected; sounds much like the US.

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