Analyst Yannis Koutsomitis Tweeted a statement on the Greek economy by saying: “The whole 2015 Greek primary surplus debate is almost a joke. Varoufakis’ own proposal end-March was 1.2%. Now the Greek gov’t rejects 1%”.

Mr. Varoufakis responded by saying that “@YanniKouts 1.2% was utterly feasible in late March. 1% infeasible after 3 more months of induced asphyxiation. Not a laughing matter…”.

This signifies the change in the government’s stance concerning primary surplus.