The Greeks entering the last phase today. Need a deal by this evening or apparently the banks are fooked.
All the talk this morning is that following phone calls with Hollande and Merkle they have come back to the EU with new proposals. But I suppose it will depend on how concrete they are, but you’d have to imagine a deal will be done.
The ECB only gave the greek banks the bare minimum to keep them going until after todays meeting.
Be interesting to see what they get out of it. Their attempts at brinkmanship to this point have slowed the Greek economy right down. All for naught if they end up accepting something similar to what they turned down early doors.
Can’t see them getting much of a deal on their debt.
Lady on the radio this morning said it was being openly discussed on the fringes of one of the recent meetings that they would be getting a deal on the debt.
They absolutely have to get a deal, but big blow to Fine Gael and their Spanish & Italian equivalents if they do.
Not much reward for making the hard choices.
The lady on the radio also said that when you break it down the fact of the matter is that after 5 years of austerity the Greek debt to GDP ratio has gone from 125% when they entered the bailout to 185% (I could have that wrong) now.
Talks have ended after only an hour.
No agreement yet.
Dijsselbloem “If possible, we will use these new Greek proposals as the basis for a deal. If all goes well, we could reach a final agreement later this week”
The Greeks sent over the wrong set of proposals last night so no one could investigate the proposals properly 
They’ll have to roll the bank loans to the end of the week, though that hasn’t been confirmed.
Last, last, last, last chance talks this week.
They have also said any new money will only be released after action has been taken by Greece to implement their proposals. i.e. they don’t trust them an ounce
They’ll have to change the old saying to “Beware of Greeks in general”.
Quizling cunts.
The Greeks? Harsh enough
Fine Gael et al.
Have any of these cunts started paying taxes yet? Or are we supposed to pay for that too? Merkel rightly calling these spongers out.
The Belgian Finance Minister has let slip that some in the EU want Financial Controls introduced in Greece ASAP.
I think the idea of Financial Controls is that they are supposed to be a surprise.
The payment rates were up for a while, but no ones bothered since Syrzia came to power.
Reports that Greek banks have already started implementing unoffical capital controls and are limiting cash withdrawals to 3k.
Informative.
Apparently the cunts are buying loads of cars and anything else that might nearly hold it’s value.