Despite rumors from The Time of Malta (seriously!!), Greece's largest creditor by far - the European Financial Stability Fund (EFSF) - has confirmed that "it's over":
- EFSF CONFIRMS GREECE FINL ASSIST PROGRAM EXPIRES TUESDAY
- EFSF: GREEK AID EXPIRATION MEANS LAST AID TRANCHE UNAVAILABLE
- EFSF SAYS REMAINING BANK-RECAPITALIZATION FUNDS TO BE CANCELED
So no extension, no suspension of referendum, and no talks until the referendum is over.
Via @SpiegelPeter,
[3]
The Eurogroup conference call has ended and Finland's Alex Stubb explains what they have...
#Eurogroups [4] ends. Letter of @tsipras_eu [5] includes three requests. Extension of programme or haircut not possible...cont...
— Alexander Stubb (@alexstubb) June 30, 2015 [6]
...request for ESM-programme is always dealt with through normal procedures.
— Alexander Stubb (@alexstubb) June 30, 2015 [7]
And the Happy Jack market does this...
[8]
Any rumors from now are simply both sides showing willingness to act in good faith since Merkel has already made it clear - NOTHING happens until after the referendum.
