Ryan had the story here with MNI quoting Greek sources

Live squawk reporting that ECB says

Our position was outlined by ECB’€™s Coeure on Monday in Corriere Della Sera

I reported Coeure’s comments here but the gist was

  • Greece can not act unilaterally
  • Greece default would breach European rules
  • Greece would be in default if it doesn’t pay
  • Greece must continue reforms
  • doesn’t see risk of Greek contagion

The Greek bailout/Grexit soap opera continues to fuel the rumour mill

I’m done for thr week now.. Thanks for all your brilliant input again and I hope we’ve helped along the way

Have a great week-end out there, wherever it takes you.