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Sunday, 31 May 2015

Greece: Europe at the Crossroads? Tsipras and the Creditors; Pour qui sonne le glas ?

For convenience, the complete text of the Le Monde Opinion Piece- 'Interview', in English (again), from the Office of the Prime Minister (Prime Minister Alexis Tsipras’ article in Le Monde newspaper: Europe at crossroads).

The French text in Le Monde

But: still little progress...(Kathimerini) - “The positive statements from Athens are necessary to mitigate the pressure on deposit outflows,” said Ricardo Garcia-Schildknecht, an economist at UBS AG.

A new draft Memorandum?

Wall Street Journal article - Greece’s Creditors Reach Consensus on Deal Proposal to Athens
"Greek Prime Minister Alexis Tsipras is expected to face tough demands for reform of pension system, labor laws"

Financial Times piece

Reuters update - Greece's creditors draft deal to unlock aid, Athens resists

The Economist reports

Cyprus Mail


What Mrs Lagarde said (Mignatiou)

The Greek "Truth Committee" Investigates (EU Observer) - Greek 'truth' committee probes legality of EU bailouts - "The various initiatives are designed to delegitimise the austerity measures imposed by Greece’s creditors, the EU - the International Monetary Fund (IMF), and the European Central Bank (ECB) - since 2010. They are being used as a “bargaining chip” in the bailout talks. They’re designed to help Syriza heal tensions inside its own ranks, with radical MPs growing more critical of the PM’s, Alexis Tsipras’, concessions. They are also designed to harm his political opponents, the conservative New Democracy (ND) and the socialist Pasok parties"

BBC News: A Realistic Debt Proposal? Read here
From The Independent - "Greece counts down to default after Tsipras slams EU demands as 'unreasonable' "

One can almost imagine Herr Schäuble's impatient reaction, perhaps tempted to borrow some words from Ringelnatz: "Unsinn! Was Quatsch! Kladderadatsch!"

More from PM Tsipras (Keep Talking Greece) - “The dilemma is between a realistic exit from the crisis or Europe’s division”

Wrapping up the proposal (Kathimerini)

Telegraph report - Greeks say they will pay the IMF as capital flight hits record - Athens' economics minister says country will not default next week as bank deposits hit a 10-year low

Bloomberg report - Merkel, Hollande and Juncker to Meet in Berlin in Attempt to Save Greece

EU Observer - "ECB chief Mario Draghi and IMF president Christine Lagarde joined the leaders of France, Germany and the European Commission in Berlin on Monday evening for talks on Greece. Athens and its creditors are trying to reach a deal to prevent the country from defaulting".

International Business Times article - Greek Tragedy: Germany holds emergency summit with Athens's creditors as deal deadline looms

The US in the background (Kathimerini) - Λευκός Οίκος: «Κάνουμε σημαντική δουλειά στο παρασκήνιο»

Keep Talking Greece - “There is no room for more compromises". No more concessions- Anger at Creditors - Snap elections?

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