If someone didn't understood - Greek government just blinked. Those proposals where "red line" for them just 3 weeks ago.

The Greek reform proposals

My 50 cents. Greek negotiators basically parroting with few bending of digits what they get from the creditors. They don't have the economical capacity to offer strong concept for structural reforms. Mechanically raising taxes and cutting budgeting ...

'We underestimated their power': Greek government insider lifts the lid on five months of...

You know, sometimes it helps to actually work with the facts. Last 5 yrs - whatever happens in Europe - the British media and euro skeptical representatives are rushing to gloom and doom. Relax - the continent is still there, the Germany is still ...

Greek deal in sight as Germany bows to huge global pressure for debt relief

Can't see any bows by the German chancellor. All I see is angry people at ATMs south of my country. As for the last 50 yrs the British media is in some dream and delusional world on its own.

Greek deal in sight as Germany bows to huge global pressure for debt relief

Naah - Tsipras knows what he is doing. He is prudent and wise leader...:-)

'We underestimated their power': Greek government insider lifts the lid on five months of...

Elisabeth is getting a bit angry ;-).

ECB Weidmann: Freeze on Emergency Loans to Greece Should Continue Until Deal Reached

This is quite a wrong perspective mainly presented by UK and leftist European media. In pure economic terms - this employment and GDP that is now "missing" was superficial and with no solid ground (manufacturing or exports). This "fake" employment ...

EU Tells Tsipras the Party’s Over as Euro Exit Door Swings Open

The Iron Lady!

EU Tells Tsipras the Party’s Over as Euro Exit Door Swings Open

Nicely summarized.

EU Tells Tsipras the Party’s Over as Euro Exit Door Swings Open

The UK media - again :-).

Europe is blowing itself apart over Greece - and nobody can stop it

Correct. I'm just saying that in politics everyone is right and all phrasing can be applied where deemed necessary - even same phrasing with quite the opposite effect. Trying to put the eyes on the Eurogroup finance ministers, the ECB counsel ...

It only took two days for everyone to realise that the Greek vote was totally pointless

As I said many times during all those discussions - the negotiation point "give us more or our bankruptcy will shake your tree" is not a good strategy. Greek PM and former greek finmin were riding this line of negotiation for too long last 5 months. ...

It only took two days for everyone to realise that the Greek vote was totally pointless

Unfortunately, politics and rights go both ways. The referendum gives the other negotiation party democratic RIGHT to play hard ball all they want as well. And frankly - I don't see their (the institutions) ATMs running dry... So we can chew ...

It only took two days for everyone to realise that the Greek vote was totally pointless

Hm, they have a place called Metheora :-).

Statement by Eurogroup President J. Dijsselbloem after the Eurogroup meeting of 7 July 2015

Sounds like neither Greece or Eurogroup is in a hurry for something...

Statement by Eurogroup President J. Dijsselbloem after the Eurogroup meeting of 7 July 2015

But stick prudently, not crowdly :-).

It only took two days for everyone to realise that the Greek vote was totally pointless

But let's think for a minute in that line. The technocrats are basically saying "we can't spend more that we earn, otherwise we borrow and swamp into debts" - since when sound economic logic became twisted and perverted line of thinking?

It only took two days for everyone to realise that the Greek vote was totally pointless

I think you have the wrong impression that ECB wants the EUR high...;-) Germany would love to see EUR/USD at 0.90, but I guess the comrades from FED would get quite nervous...

Greece deal within 2 days is 'illusion': ECB's Nowotny

We know what will happen - he will insist on debt haircut due to his "No" vote at referendum and due to the IMF report. Most of the Eurogroup ministers will say "No" and the drama will continue until Greek banks dry-out.

Greece PM Tsipras to present new plan at eurozone summit

Tsipras was holding this line of negotiations for too long: "give us what we want or we will crumble your house". I think you will find northern EZ countries much more cunning and resilient than you think. I'm quite sure the EZ was considering the ...

Germany, France press Greece to make credible proposals