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Friday, 19 June 2015

Greece: A Breakthrough and a Six Month Bailout Extension - For a "Credible" Deal? Ultimatum - Agreement or Default



Imerisia report, update - Το σχέδιο για εξάμηνη παράταση με σκληρά μέτρα και δεσμεύσεις

Agreement or default/bankruptcy? Kathimerini - Τελεσίγραφο Τουσκ προς Αθήνα: Συμφωνία ή χρεοκοπία

English summary - EU's Tusk tells Greece to accept debt deal or 'head towards default'

Avgi report - Ανοιχτές απειλές Τουσκ για χρεοκοπία

A Security Risk, NATO

Svenska Dagbladet - Miraklet uteblev – nu leker Grekland med elden - a good article!

Telegraph report - IMF chief Christine Lagarde: Greece must pay up

MSN, Naftemporiki - Αλ. Τσίπρας: Στόχος να κάνουμε την πατρίδα μας κυρίαρχη χώρα - στόχος της προσπάθειας που καταβάλει –όπως είπε- όχι μόνο η κυβέρνηση, αλλά όλοι οι Έλληνες, είναι «να ξανακάνουμε την πατρίδα μας κυρίαρχη χώρα και το λαό μας να έχει ψηλά το κεφάλι». «Να είστε περήφανοι που είστε Έλληνες» κατέληξε ο Πρωθυπουργός.

German Media Overview (in Greek)

Mignatiou - Στα τηλέφωνα ο Γιούνκερ με τους ηγέτες, μπας και βρεθεί λύση με την Ελλάδα

Bloomberg - Greece Stares Into Unknown as Tsipras Insists a Deal Can Be Done

EU Observer - "On Thursday, Eurogroup president Jeroen Dijsselbloem suggested that the bailout programme would be extended in order to help bridge the Greek funding gap.

The Greek government asked for a nine-month extension, but a six-month extension is more likely. In this case, a €10.9 billion fund earmarked for the recapitalisation and resolution of Greek banks could be used to refinance the Greek government. The money would be disbursed in several stages, linked to clear Greek commitments on reforms or implementation of specific reforms. This scenario was on the table earlier this month before the talks collapsed on 14 June. EU and diplomatic sources said Friday that it would be discussed by ministers and leaders on Monday only if the Greek government submitted "credible" proposals. "We are flexible, but we are waiting for clear propositions to compensate" lower cuts in pensions and a lower VAT on electricity, an EU source said".

Various sources indicate that a 6-month extension of 's program is gaining ground. No confirmation from any side yet.

six more months of uncertainty and stagnation. Govt will sell this as a victory. No changes. No progress.

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