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Dijsselbloem Says 'Saturday Or Bust' On Greece Deal - Cancels Leaders Summit

Tyler Durden's picture




 

It appears it is "Saturday or bust" to avoid Merkel's worst nightmare. Jerome Dijsselbloem just told EU leaders that "insufficent progress" has been made on the Greek deal and has cancelled the EU Leaders' Summit for today and tomorrow:

  • *EUROGROUP SATURDAY HAS TO GET THE DEAL DONE, EU OFFICIAL SAYS

Because, as Merkel said, this better be fixed Monday (or else).

 

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Thu, 06/25/2015 - 13:49 | 6234318 SloMoe
SloMoe's picture

I hope not. I'm going to miss all the drama. This has been almost as entertaining as a colonoscopy.

Thu, 06/25/2015 - 13:56 | 6234357 Looney
Looney's picture

Soup Nazi to Greece: No soup for you!  ;-)

Looney

Thu, 06/25/2015 - 13:56 | 6234361 Stackers
Stackers's picture

Wasn't everyone saying the same thing last week ????

Thu, 06/25/2015 - 13:58 | 6234373 Looney
Looney's picture

No soup for you too ;-)

Looney

Thu, 06/25/2015 - 14:44 | 6234552 Bumpo
Bumpo's picture

Greece: uhm, why wait .. Our offer doesn't change. Your move!

Thu, 06/25/2015 - 13:59 | 6234377 keremetski
keremetski's picture

Merkel blinked. Period. Troika will bend.

Thu, 06/25/2015 - 16:43 | 6234968 eforce
eforce's picture

If they bend the EU will literally become the EUSSR...

Thu, 06/25/2015 - 14:17 | 6234450 SloMoe
SloMoe's picture

The Germans are having Greek Banker Soup for lunch on Saturday.

Thu, 06/25/2015 - 14:00 | 6234363 Pool Shark
Pool Shark's picture

 

 

Advice to any Greeks who have been asleep, not paying attention, comotose, traveling in outer-space, watching non-stop Game of Thrones marathons, or otherwise unconscious to recent events:

If you have any deposits left (not likely) in Greek banks; GET THEM OUT NOW!

 

 

Thu, 06/25/2015 - 14:03 | 6234382 knukles
knukles's picture

Saturday is it.
Well, how it, is it?
It's about as it as you can git it.  No more.
As in a red line in the sand?
Yes.  Absolute.  Saturday or death.
To which red line are you referring.
That one, you dolt!
But there area whole bunch of red lines in the sand.
Well, they're behind us.
Yes, we walked right over them, didn't we?
You did, I didn't!
Then why are you standing on this side with me?
Listen, don't be troublesome.  This Saturday or I'll cutchu off.
Then I can't pay the interest and principle that I owe you.
Listen, quit threatening me!
I'm not threatening, I can't pay you the money I owe you unless you give me the money to pay you the money you want me to pay you which I owe you which you shouldn't have lent me in the first place!!
You're being recalcitrant, like a petulant spoiled child.
That's got nothing to do with it!
You're a problem!
To you, but you're the problem to me.
Why am I a problem to you?
Because you won't give me the money I need to pay you back for the money you already gave me which you never should have given me!

                 Fin, Act 3,657,492

 

                    Stay Tuned!
   Act 3,657,493 in just a few moments!

But now a word from our sponsor, the New World Order!

Thu, 06/25/2015 - 14:08 | 6234414 Mae Kadoodie
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Saturday, in the park, I think it was the Fourth of July..

Thu, 06/25/2015 - 13:49 | 6234327 JustObserving
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Greeks have refused to be serfs forever?  Or they know that Deutcshe Bank's $54 trillion derivative potfolio is about to implode?

There is no good news here for Merkel.

Thu, 06/25/2015 - 14:11 | 6234428 Freddie
Freddie's picture

Greeks have more balls than Americoons.   TPP the other day and ObamaCare today.  Stupid sheep addicted to TV and Zollywood.

Thu, 06/25/2015 - 13:50 | 6234328 Racer
Racer's picture

Or he will stomp his feet and cry

Thu, 06/25/2015 - 13:52 | 6234330 falak pema
falak pema's picture

Bust ! But whose bust?

Mutti's or some Hollywood hottie's? 

Saturday night fever in Brussels ! 

haha, time to go have a pee with the little fella! 

Thu, 06/25/2015 - 13:51 | 6234334 TheLooza
TheLooza's picture

The suspense has me on pins and needles, if pins were the same thing as not giving a fuck and needles was my normal weekend regimen of coke and whores.

Thu, 06/25/2015 - 14:06 | 6234404 Winston Churchill
Winston Churchill's picture

Go easy on the whores, they could be bad for your health.

Thu, 06/25/2015 - 14:38 | 6234511 Eirik Magnus Larssen
Eirik Magnus Larssen's picture

Much depends on whether the ECB will extend the Emergency Liquidity Assistance program in the next few days. Greek banks are essentially on life support, and cannot persist without further ELA. This amounts to a blade with which Syriza - and democracy itself - can be gutted by the creditors.

Thu, 06/25/2015 - 13:51 | 6234335 mtndds
mtndds's picture

oh come on!!  Kick some more of that damn can will ya!!!

Thu, 06/25/2015 - 13:55 | 6234341 Know shit
Know shit's picture

Now lets see..
Weekends are great for; relaxing, having fun,, enjoy the family, and..... Start a banking holiday....

Kicking the can was fun, but it has to stop somewhere...

Take care..

Thu, 06/25/2015 - 13:58 | 6234368 elegance
elegance's picture

It is coming! Finally those lazy fucks are going to be kicked out of Eurozone. 

Thu, 06/25/2015 - 14:00 | 6234379 HenryHall
HenryHall's picture

No-one can be ejected from the Eurozone if they don't not wish to leave. There is no mechansim in the treaty. If they leave it can only be voluntarily.

Thu, 06/25/2015 - 14:07 | 6234408 knukles
knukles's picture

As if laws matter anymore, FFS.

Thu, 06/25/2015 - 14:12 | 6234432 Freddie
Freddie's picture

Just like TPP and Obamacare.  If you are born in Amerika you are slave.

Thu, 06/25/2015 - 13:58 | 6234369 HenryHall
HenryHall's picture

>>> has cancelled the EU Leaders' Summit for today and tomorrow

 

But the EU Leaders' Summitwas never supposed to be just about Greece. The migration crisis needs urgent resolution.

Thu, 06/25/2015 - 13:58 | 6234370 blabam
blabam's picture

.... or not. 

Thu, 06/25/2015 - 13:58 | 6234371 f16hoser
f16hoser's picture

Greece will continue to recieve EURO's under the table. It's all printed FIAT paper. What's the big fucking deal here...

A default is far worse than printed currency. Just print the shit and move on.

Better print some for France to while your at it.

Thu, 06/25/2015 - 14:22 | 6234465 Freddie
Freddie's picture

Agreed.  I upvoted you even though based on your Avatar you are MIC and Deepstate aka Obola and the NeoCons and Neo Libs stooge.

Thu, 06/25/2015 - 14:21 | 6234460 youngman
youngman's picture

So what does Greece have to do Tuesday....Write an actual Check to the IMF....is so....just write a bad check..it will take a week to clear or not...and look ..you have bought another week......and the ECB will keep funding your banks AYMs.....you only have 10 million in your banks...but have taken out 5 billion from the ATMs...majic money....pooof...its there

Thu, 06/25/2015 - 14:55 | 6234596 Batman11
Batman11's picture

When everything was booming it was Wall Street's investment banks that proved to be the weakest link in the global economy.

Greece is bad, but not that bad.

If Greece had an unconditional bailout at the start and trillions pumped in the back door through QE it would probably be doing very well now.

If only Greece had been a bank, there would have been none of these problems.

Thu, 06/25/2015 - 15:07 | 6234654 holdbuysell
holdbuysell's picture

Saturday? Not going to happen.

But Sunday at 11:59:59.99999999999999 PM is a certainty.

Let the Kabuki roll on.

Thu, 06/25/2015 - 16:06 | 6234857 ThisIsBob
ThisIsBob's picture

I thought that there was no way in Hell Greece could pay the money back.  Why does this keep gong on and on and on?

Thu, 06/25/2015 - 16:16 | 6234892 NubianSundance
NubianSundance's picture

Greecehog day. I'm sure I read this story before. Or did I just imagine that I did.

Thu, 06/25/2015 - 16:25 | 6234924 Raul44
Raul44's picture

Saturday or bust... oh please, what a BS. It will be Saturday or "to be continued". May as well expect upward gap on eur/usd over weekend.

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