Merkel Mocks Greece And The Referendum: There Is Money, But The Deal Is Much Harsher Now (And No Debt Haircut)
by Tyler Durden
ZeroHedge.com
07/07/2015
Another day came and went with no breakthrough in negotiations between Athens and Brussels as new Greek FinMin Euclid Tsakalotos reportedly showed up to Tuesday’s Eurogroup with nothing to discuss.
With the ECB tightening the screws on Greek banks and the German finance ministry as well as German lawmakers tightening the screws on Angela Merkel, the Chancellor is drawing a hard line toward the Greeks in the face of calls for debt writedowns from the IMF, Greek PM Alexis Tsipras and the Greek people.
MERKEL SAYS IF GREEK REFORM PROPOSALS ARE SATISFACTORY AND PRIOR ACTIONS TAKEN, SHORT-TERM FINANCE CAN BE PROVIDED: RTRS
MERKEL SAYS SHORT-TERM GREEK FIX HINGES ON LONG-TERM PROPOSALS
MERKEL SAYS GREECE NEEDS MULTI-YEAR PROGRAM
MERKEL: GREEK PROPOSALS HAVE TO GO BEYOND WHAT BAILOUT INSTITUTIONS DEMANDED BEFORE REFERENDUM
MERKEL SAYS GREECE WILL NEED STRONGER MEASURES TO PLUG FINANCING GAP BECAUSE OF ECONOMIC DETERIORATION
MERKEL: EU TO DEAL WITH GREEK DEBT BURDEN AT END OF PROCESS
MERKEL SAYS EURO LEADERS DIDN’T DISCUSS AID PACKAGE SIZE
MERKEL SAYS SHE ISN’T ‘ESPECIALLY OPTIMISTIC’ ABOUT GREECE
MERKEL RULES OUT DEBT ‘HAIRCUT’
MERKEL SAYS ECB BRIEFING SIGNALED GREECE NEEDS SUNDAY DECISION
The Rest…HERE