The Greece saga continues and the negotiations between the two parties involved has once again hit a roadblock. I'm telling you this is a total mess and I think we're going to have a big surprise once the market opens Sunday evening. Judging by today's headlines it's obvious that they are moving backwards and as time goes by the changes of an agreement fall even further. I thought that at least over the weekend we can relax, but NO, this bureaucrats are in for pulling out a snow show.

Just in case you have been living under a rock here are the latest headlines about Greece:

  • GREEK FINANCE MINISTER YANIS VAROUFAKIS LEAVES EU COUNCIL HEADQUARTERS, SAYS "IT'S A SAD DAY FOR EUROPE"
  • VAROUFAKIS -REFERENDUM IS NOT ABOUT EURO
  • VAROUFAKIS -THERE ARE NO PROVISIONS FOR A COUNTRY TO LEAVE EURO
  • VAROUFAKIS - REFUSAL OF EUROGROUP TO ENDORSE REQUEST EXTEND BAILOUT FOR FEW WEEKS WILL DAMAGE EUROGROUP CREDIBILITY, DAMAGE MAY BE PERMANENT
  • VAROUFAKIS -WE CAN STILL HAVE A DEAL BEFORE TUESDAY, GREEK GOVT WOULD RECOMMEND ACCEPTING DEAL IF IT IS IMPROVED
  • Djissolbloem says bailout programme will expire on Tuesday
  • Germany says surprise Greek referendum plan shuts door on negotiations - RTRS
  • GREECE'S VAROUFAKIS SAYS BANKS MUST STAY OPEN DURING BAILOUT TRANSITION PERIOD, CENTRAL BANK ROLE IS TO ENSURE THIS
  • GREECE'S VAROUFAKIS SAYS WANTS EU TO RETURN 1.9 BLN EUROS OF PROFITS ON ECB HOLDINGS OF GREEK GOVT BONDS TO PAY IMF ON TUESDAY
  • GREECE'S VAROUFAKIS SAYS JUNE 30 IMF PAYMENT DEPENDS ON FLEXIBILITY OF CREDITORS
  • VAROUFAKIS SAYS GOVT COMMITTED TO IMPLEMENTING OUTCOME OF REFERENDUM AND REACHING QUICK DEAL WITH CREDITORS IN THE SPIRIT OF VOTE RESULT
  • GREEK FINANCE MINISTER VAROUFAKIS TELLS REUTERS HE WILL ASK EUROGROUP FOR BAILOUT EXTENSION OF FEW WEEKS TO ACCOMMODATE REFERENDUM

Best Regards,
Daytrader21
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