Thursday, June 4, 2015

4 June 2015 9 a.m. CET - Greek talks continue after Tsipras rejects creditors' offer - live updates; Juncker and Tsipras meet again on Friday, IMF repayment day, last working day before G7

http://www.theguardian.com/business/live/2015/jun/04/greek-bailout-talks-tsipras-creditors-offer-live-updates

Greek deputy shipping minister this morning:

“What appears to have been discussed and to have been proposed by Mr. Juncker during his meeting with the Greek prime minister is beneath (our) expectations in every way.”

“If reports are confirmed, obviously we cannot accept them.”

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The Agenda: No deal in Brussels.....

Good morning.

Greece’s future remains as confused as ever, after Wednesday night’s crunch meeting in Brussels between prime minister Alexis Tsipras and EC president Jean-Claude Juncker broke up without a deal.

After speaking for more than four hours, Tsipras emerged after midnight to announce that Greece couldn’t accept some of the proposals put together by its creditors.

Instead, he argued, any deal to unlock bailout funds must be based on his own side’s offer.

As he put it:

“The realistic proposals on the table are the proposals of the Greek government.”

And Tsipras has just tweeted that discussions will continue....


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"But there appears to be less consensus on pension reforms and VAT reform, with Greece refusing to roll over and accept a five-page list of proposals created by the International Monetary Fund, the European Central Bank and the European Commission."


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8m ago
07:57
Kathimerini: Tsipras and Juncker to meet on Friday

Greece’s Kathimerini newspaper is reporting that Alexis Tsipras will meet Jean-Claude Juncker again on Friday, in another attempt to break the deadlock.

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