Tuesday, May 26, 2015

26 May - Germany thinks Greece will pay IMF on June 5; the more Greece repays, the quicker it will cash crunch internally -> the quicker we have a solution

26 May - Germany thinks Greece will pay IMF on June 5

http://www.reuters.com/article/2015/05/26/us-eurozone-greece-idUSKBN0OB0U820150526

Editorial opinion: the more Greece repays, the quicker it will cash crunch internally -> the quicker we have a solution = the better. Greece will only take a decision when it defaults on pensions and labour payments.

Otherwise Greece thinks 'it's fine' and it will 'negotiate endlessly'.


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