Interesting comments from European Commissioner for Economic and Financial Affairs Moscovici as well:

  • Europe and US need to cooperate on monetary policy
  • Time is running short on Greek crisis
  • Greece needs to define a clear set of reforms
  • Italy returning to growth this year
  • EU has tools to cope with financial impact of Grexit
  • Greek politicians wrong to want debt cut first

I can't even fathom how the Fed and ECB would cooperate on monetary policy.