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Merkel Addresses German Parliament: Key Points

Tyler Durden's picture




 

All eyes are once again trained squarely on Greece this morning after a letter surfaced which shows Greek PM Alexis Tsipras is prepared to concede to most of Brussel's demands in order to secure a deal for Greece which is laboring under capital controls and the threat of a banking collapse after becoming the first developed country to default to the IMF. 

This morning, German Chancellor Angela Merkel addressed the German parliament. Here are the key talking points (via Bloomberg):

"The door for talks with Greece was always open and remain always open. We owe that to the people and we owe it to Europe.”

 

“There can be no negotiations for a new credit program before the referendum.” 

 

"Greek people unquestionably confronting difficult days." Greece unilaterally ended debate on second credit program, failed to make IMF payment, Merkel says

 

"Greece has legitimate right to hold referendum, euro states have right to respond."

And some more of her speech highlights from MNI:

  • GERMANY WON'T COMPROMISE AT ALL COSTS
  • DON'T NEED TO FEAR EZ ECO CATASTROPHE FROM GREEK CRISIS
  • MERKEL: EUROPE IS MUCH STRONGER THAN 5 YEARS AGO
  • REFERENDUM IS LEGITIMATE RIGHT OF GREECE. GERMANY WILL AWAIT RESULTS OF REFERENDUM
  • DOOR FOR TALK WITH GREECE OPEN

So is Germany bluffing the bluffer Tsipras, and effectively saying it won't negotiation with the current Greek government but would rather wait until its replacement is sworn in after the referendum?

Of course, that assumes a Yes vote, which would be contrary to earlier reports that at least in early polling, the "No"s have it? Unless of course Germany does want a No vote, in which case all bets are off.

 

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Wed, 07/01/2015 - 07:30 | 6257454 Senduko
Senduko's picture

Aand this is Germany calling on Tspiras is bluff.

Wed, 07/01/2015 - 08:11 | 6257553 bigkahuna
bigkahuna's picture

In the letter that "surfaced" Tspiras made a lot of future promises. Basically the letter said-if you give me the dough, I will make some theoretical changes

The letter that "surfaced" is an undisguised con. The Germans and anyone else who falls for this deserves to get ripped off.

Wed, 07/01/2015 - 08:51 | 6257645 weburke
weburke's picture

electronic voting? is the brics thing a head fake, granted very long in the makeing, to lure the bric folks down a road that sets them up for crushing. 

Wed, 07/01/2015 - 08:13 | 6257560 NoPension
NoPension's picture

I'll see your bet, and raise €100.

Wed, 07/01/2015 - 07:30 | 6257455 RealityCheque
RealityCheque's picture

Wow, that's an impressive total-words-to-lies ratio.

Wed, 07/01/2015 - 07:40 | 6257474 Colonel Klink
Colonel Klink's picture

Second only to the Federal Reserve.

Wed, 07/01/2015 - 07:54 | 6257513 Tinky
Tinky's picture

Neither one can hold a candle to John McCain. Here's a recent example:

“In the heart of Europe, we see Russia emboldened by a significant modernization of its military, resurrecting old imperial ambitions, and intent on conquest once again. For the first time in seven decades on this continent, a sovereign nation has been invaded and its territory annexed by force. Worse still, from central Europe to the Caucuses, people sense Russia’s shadow looming larger, and in the darkness, liberal values, democratic sovereignty, and open economies are being undermined.”

Wed, 07/01/2015 - 07:56 | 6257517 Colonel Klink
Colonel Klink's picture

We may want to throw Obama into that running too!

Wed, 07/01/2015 - 08:08 | 6257548 Leknam
Leknam's picture

The author left out the bit about The Eurozone is a STABILITY UNION not a TRANSFER UNION 

 

Wed, 07/01/2015 - 07:30 | 6257456 XAU XAG
XAU XAG's picture

 

"The door for talks with Greece was always open and remain always open. We owe that to the people and we owe it to Europe.”

 

“There can be no negotiations for a new credit program before the referendum.” 

 

 

says it all.................................pop corn till referendum...........or back to work surfs

Wed, 07/01/2015 - 08:26 | 6257589 FrankieGoesToHo...
FrankieGoesToHollywood's picture

But there is always room to negotiate the existing program.  Remember these are politicians.  They are lying.

Wed, 07/01/2015 - 07:33 | 6257459 Lady Jessica
Lady Jessica's picture

Mutti doing what she does best.  Scolding with a conciliatory tone.

Greece goes back to basement to fap one out in front of xhamster.

Wed, 07/01/2015 - 07:55 | 6257515 Wild Theories
Wild Theories's picture

they still have the leisure to fap?

Wed, 07/01/2015 - 07:33 | 6257460 Racer
Racer's picture

So the EU bankster bullies put the screws on the Greek people before a referendum.

Wed, 07/01/2015 - 07:34 | 6257461 jerry_theking_lawler
jerry_theking_lawler's picture

Why must we hear from our Politicians every fucking day? Why can't congress meet for 3 months and then go away for the rest of the year. It's the same in other countries I see too. This is all part of their plan. These polticios are seen as 'rulers' not representatives.

Wed, 07/01/2015 - 07:59 | 6257530 negative rates
negative rates's picture

Ruining lives is a full time job, they have people working 24/7/365.25 on it, they are called oligarch's

Wed, 07/01/2015 - 07:43 | 6257469 European on my ...
European on my shoe Jimmy's picture

All together now Europe
A one
A two
A one two three four
Deutschland Deutschland ueber alles

Das lied Der Deutschen

Wed, 07/01/2015 - 07:38 | 6257470 Colonel Klink
Colonel Klink's picture

I wonder if she starts her day with a glass of fresh baby's blood.

Wed, 07/01/2015 - 07:41 | 6257480 asfffasfff
asfffasfff's picture

the reason she dont have children is she ate her own children

Wed, 07/01/2015 - 07:49 | 6257499 Colonel Klink
Colonel Klink's picture

Either that or no one wants to touch that evil barron (sic) womb of hers.

Wed, 07/01/2015 - 07:50 | 6257500 Cliff Mclane
Cliff Mclane's picture

Do you believe that this is a joke?

Merkel is incompetent, a very bad politician and leads Germany into an abyss. Nonetheless she is a human being.

Your comment is a lot of sh...

Wed, 07/01/2015 - 08:07 | 6257546 fudge
fudge's picture

human being, really ? all I see is another piece of shit with blood on her hands.

Wed, 07/01/2015 - 09:12 | 6257572 asfffasfff
asfffasfff's picture

so cuuuuute

 

mclane is right  we are all human being and the world is a happy place to live on and every one should like each other and share with each other and respect each other  lalala peeeeeeeace

 

 

 

 

 

the reality is the opposite

now go drink your milk

Wed, 07/01/2015 - 07:45 | 6257489 Cliff Mclane
Cliff Mclane's picture

Did you provide the blood? How much do you charge?

Wed, 07/01/2015 - 07:47 | 6257493 Colonel Klink
Colonel Klink's picture

No, but I'm sure it's priced in sheckles.

Wed, 07/01/2015 - 07:52 | 6257506 Cliff Mclane
Cliff Mclane's picture

Thank you. Nothing more to write. You saw "Jud Süß" too often.Josef Goebbels would be proud of you.

Wed, 07/01/2015 - 08:02 | 6257524 Colonel Klink
Colonel Klink's picture

"Nothing more to write" and thank you!  Never heard of that movie, had to Joogle it.  Josef Goebbels ain't got nothing on Obama or the tribal run fed.

Thanks for playing!

EDIT:  Though I did hear his parents wanted him to become Dr. Suss!

:rimshot:

Wed, 07/01/2015 - 08:35 | 6257603 Teknopagan
Teknopagan's picture

A British version of Jude Suess was made two years previous to the German

Wed, 07/01/2015 - 09:06 | 6257678 Colonel Klink
Colonel Klink's picture

The chosenites like to complain that they're so unfairly picked on, yet never want to own up to their own dubious behavior.

Expelled 109 times throughout history

http://www.biblebelievers.org.au/expelled.htm

Wed, 07/01/2015 - 07:43 | 6257477 asfffasfff
asfffasfff's picture

 

 

 

"EUROPE IS MUCH STRONGER THAN 5 YERS AGO"

 

the cow on steroids will die on heart failure in 5 years

Wed, 07/01/2015 - 07:40 | 6257478 ramgold2206
ramgold2206's picture

its almost as exciting as listining to paint dry.... ffs....

 

Acquire your bullion www.teamramgold.com

Wed, 07/01/2015 - 07:44 | 6257485 williambanzai7
williambanzai7's picture

Wed, 07/01/2015 - 07:52 | 6257507 XAU XAG
XAU XAG's picture

The one in the black uniform.................looks like the GREEK finance minister!

Wed, 07/01/2015 - 08:00 | 6257533 Colonel Klink
Colonel Klink's picture

He was younger then. ;)

Wed, 07/01/2015 - 07:48 | 6257496 Bioscale
Bioscale's picture

Fucking fat bitch, Germans should wake up before it's too late.

Wed, 07/01/2015 - 07:50 | 6257501 Clowns on Acid
Clowns on Acid's picture

Ummm.. who is going to be counting those Referendum votes..?

Wed, 07/01/2015 - 07:52 | 6257508 cossack55
cossack55's picture

Diebold

Wed, 07/01/2015 - 08:19 | 6257571 gatorengineer
gatorengineer's picture

I can't possibly see how this isn't a huge win for Greece.  When they turn the ela back on that will be 20billion at least.  Funding the place for 2 years will be another 200b as I bet tax collections will somewhat under perform.  So the Greeks keep being Greeks a and the Germans pay and will pay a lot more than they would have a month ago.   If I were Portuguese Italian or Spanish,  I would be wondering why should I pay my taxes.  The outcome is two years of palliative care.  On to the next teetering domino.  Perhaps shitcago.

Wed, 07/01/2015 - 08:36 | 6257599 juppez
juppez's picture

 

They are basically saying that eu won't negotiate at all if greeks say no and it got me thinking that tsipras knows that the people will vote for no and by issuing statement that they are willing to accept most of the troikas demands they can then put the blame on the troika when the greeks say no and troika refuses to negotiate with them after the referendum

Wed, 07/01/2015 - 09:05 | 6257675 Solio
Solio's picture

Since the world that we believe that we perceive is a hologram when the electrons stop flowing poof!

Thu, 07/02/2015 - 00:45 | 6261058 onmail
onmail's picture

What truth or deal you can expect from an East German lady 

who is also a politician

----

No money

No (Fcuk) deal

----

Besides due to American military base in Germany,

it is hardly a sovereign state , a rather colony of America

Another puppet

----

Truth : Last world wars started from Germany

This time ?

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