This is Channel 4 financial analyst Paul Mason’s take on the Greek media reports citing a “Juncker compromise” to accelerate negotiations between cash-strapped Athens and its Eurozone partners-cum creditors. The IMF is reportedly balking at joining euro area countries in more bailout funds.
Mason reacted in a series of Tweets, while reminding that he had no direct knowledge of the report, instead he relied on Google translate to read — and then comment — on the report first given by “To Vima”.
Meanwhile, in Berlin, a German chancellery spokesman reminded that a successful conclusion of the current bailout package – No. 2 – is a prerequisite for any … third
Steffen Seibert commented on Sunday’s statement by Germany Vice-Chancellor and Economy Minister Sigmar Gabriel, who said additional funding will come only in return for reforms.
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