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Furious Tsipras Addresses Greek Parliament, Blasts Creditors For Failure To Compromise: Live Feed

Tyler Durden's picture




 

Greek PM Alexis Tsipras is set to address the Greek parliament after a tense week of negotiations with creditors that ended with no agreement and a missed IMF payment. 

Tsipras, after lobbing a series of accusations at the troika last weekend, submitted a "fair" agreement to Merkel, Hollande, Junker, and Draghi ahead of an emergency meeting between the four in Berlin on Monday evening. EU creditors then met with IMF officials on Tuesday and offered a counterproposal which was promptly rejected by Tsipras as unreasonable. 

Now, having bought Greece a few weeks by choosing to bundle June's IMF payments, an exasperated Tsipras will speak to Greek lawmakers (including radical members of Syriza) in an attempt to explain why the current troika proposal is wholly unacceptable and gauge what concessions (if any) are possible in order to strike a deal that can be pushed through parliament in time to avert an outright default at the end of the month. 

(live feed)

Some highlights:

  • TSIPRAS SAYS GREECE IS IN LAST PHASE OF TALKS
  • TSIPRAS: GOVT WANTS MUTUALLY BENEFICIAL EUROPEAN SOLUTION
  • TSIPRAS: FINAL SOLUTION TO GREEK CRISIS IS NEEDED FOR EUROPE
  • TSIPRAS: GOVT IS HIDING NOTHING FROM GREEK PEOPLE
  • TSIPRAS: GREECE MADE COMPLETE PROPOSAL TO CREDITORS
  • TSIPRAS: MAIN THRUST OF GREEK PROPOSAL IS LOWER PRIMARY SURPLS
  • TSIPRAS: THERE MUST BE SOLUTION TO ISSUE OF GREEK DEBT LEVEL
  • TSIPRAS: SOLUTION FOR GREECE MUST PUT END TO GREXIT SCENARIOS
  • TSIPRAS: PROPOSAL GIVEN BY JUNCKER WAS UNPLEASANT SURPRISE
 

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Fri, 06/05/2015 - 13:25 | 6167185 SmittyinLA
SmittyinLA's picture

Tsapiras at the restaruant De Banco EU <installed by the Greek Creditors>:  "Of course I know the bundling option is extra, that's why I demanded it" 

Syria without the Greek creditors is like SEIU without public funding, a non-entity. 

The creditors of Greece literally funded and hired the current Greek govt.....to literally run Greece into the ground and loot every asset within it's borders.

So far the Greeks are apparently going aloing with this plan. 

Time to up the anti and steal more assets. 

 

 

Fri, 06/05/2015 - 13:32 | 6167212 Itchy and Scratchy
Itchy and Scratchy's picture

No gains or assets or wealth is left for anyone to 'steal.' They have been all spent & are long gone. Huge losses are all that remain to be shared & distributed!  

Fri, 06/05/2015 - 13:31 | 6167209 SmittyinLA
SmittyinLA's picture

Tsapiras could sue the EU un NY courts using RICO laws, I'm sure their securities have a NY connection, better yet Greece can declare itself a "city" not a "state" under treaty eligible for US municipal bankruptcy protection.  The feds would try to opt out on jurisdiction (not our business this greek bank fraud) , then the US courts will be stuck later (not our business) trying to collect.

They gonna end up in US courts anyway, right Paul Singer? 

Fri, 06/05/2015 - 13:31 | 6167210 Atomizer
Atomizer's picture
"We'll Kill the Dollar!" | 2013.


http://m.youtube.com/watch?v=_F7bM63ZfWQ

 

Back then, it didn't make sense to most people. Revisit the big picture. Hope this helps unravel current statuses and unlock the future. 

:-) 

Fri, 06/05/2015 - 13:33 | 6167216 BeaverCream
BeaverCream's picture

Men shouldn't wear pink shirts...especially heterosexual ones.

Fri, 06/05/2015 - 13:45 | 6167240 p00k1e
p00k1e's picture

The '80's called.  Don (Johnson) wants his shirt back. 

Fri, 06/05/2015 - 14:18 | 6167354 Berspankme
Berspankme's picture

I saw that Herman Von Rumpboy wearing pink all the time

Fri, 06/05/2015 - 13:33 | 6167217 MeelionDollerBogus
MeelionDollerBogus's picture

hmmmm ZH is doing that "thing" again where all comments are lost, pages are archived and they're not even a week old

Fri, 06/05/2015 - 13:41 | 6167232 VWAndy
VWAndy's picture

What ones this time?

Tue, 06/09/2015 - 20:02 | 6180834 MeelionDollerBogus
MeelionDollerBogus's picture

A few pages only 3 days old sent to archives, anything past the last 20 comments I've made are gone in the bin too from the comment-list page

Fri, 06/05/2015 - 13:56 | 6167279 dexter_morgan
dexter_morgan's picture

Nah, NSA just borrows them for a bit then puts them back........

Fri, 06/05/2015 - 13:40 | 6167228 QQQBall
QQQBall's picture

Its in Greek, but luckily the lady in the insert is signing!

Fri, 06/05/2015 - 13:46 | 6167244 VWAndy
VWAndy's picture

One might expect Tpus to have shinned some light on the former Greak leaders and the contracts they penned with the help of GS? If he was the real deal. Maybe even some perp walks.

 Or perhaps Mr V could have shown his math?

 Controled opposition?

Fri, 06/05/2015 - 13:47 | 6167248 tarabel
tarabel's picture

 

 

People rightfully accuse Woodrow Wilson of being a control freak and a Progressive, but that does not mean that he was always wrong all the time.

One of the Fourteen Points which he promulgated as the aims for which the United States was fighting WWI was "Open covenants openly arrived at." 

And, yes, Barack Obama and US Congress, I'm looking at you.

Fri, 06/05/2015 - 14:06 | 6167309 Itchy and Scratchy
Itchy and Scratchy's picture

The great war was a horrific insane needless effort that has spawned a century of hatred and conflict! W.W.'s grave should be uninterred & casket opened so he can be properly pissed on!

Fri, 06/05/2015 - 13:55 | 6167277 p00k1e
Fri, 06/05/2015 - 14:15 | 6167345 bid the soldier...
bid the soldiers shoot's picture

I guess I'm out in the cold.  Again

OBLAST GRETSYIA

To me the Greek default to the EU is as much a part of the Battle of Donbas as the airport of Donetsk was.

I don't know that Putin was in contact with Tsipras before the Greek elections in January, but given how sharp he is, I don't doubt he was.

Given the enmity between the US and Russia (and China) since the coup in the Maidan, and the sanctions put on Russia by the puppet EU, isn't it obvious that the destruction of the banks of the EU/NATO, the US's strongest ally is likely to be a defeat of EU/NATO's (and the US's) in their war on Russia?

 

I guess not.  

Fri, 06/05/2015 - 14:57 | 6167465 HenryHall
HenryHall's picture

>>> I guess not. 

 

Too soon to tell.

Fri, 06/05/2015 - 15:55 | 6167641 bid the soldier...
bid the soldiers shoot's picture

You are right.

 

While I'm waiting I'll go down to the bank once a week to move moar cash  --  in increments of $9000 -- out of my account into my safety deposit box.

I'm glad I took the jumbo safety box

Fri, 06/05/2015 - 19:58 | 6168186 bid the soldier...
bid the soldiers shoot's picture

 

-1  Glad to see you're back.  I worried you had

       bad news from your gerontologist.

Fri, 06/05/2015 - 14:18 | 6167353 stormsailor
stormsailor's picture

WTF, he bought a few more weeks by "bundling" their payments.  i've been reading this drivel for nearly 2 months and not one soul has hinted that they did not have to make the payment today if they "bundled" their payments.

 

if they never pay another penny it will not be declared a default.  you watch, it will be some sort of bullshit goat-ropeing, chicken choking that for some reason doesn't trigger a default. (to save all the derivitive writers). then the imf will buy all the defaulted bonds from the german banks al-la maiden lane.

 

this is what we live in now.  smoke and mirrors, baffled with bulldust

Fri, 06/05/2015 - 14:22 | 6167370 Itchy and Scratchy
Itchy and Scratchy's picture

The 'chickens' always get the worst of it!

Fri, 06/05/2015 - 16:29 | 6167732 Escapedgoat
Escapedgoat's picture

You are right , the Greek Government has 24 MONTHS  before is declared in DEFAULT.

The IMF constitution has it in stages, 90 days grace the first time, then another 9 monthes and then again 12 months before final declaration.

Some people can read it on the IMF site

Fri, 06/05/2015 - 17:06 | 6167815 NoTTD
NoTTD's picture

Sure, they'll all be eating out of garbage cans and competing with local vermin to survive, but at least when they sell their kidneys to Germans they'll get Euros.  Five of them.

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