The IMF bigwig on the radio
- Significant extension of Greek debt maturities and reimbursement deadlines can be enough
- Greece plan is categorically not viable
- Can't give an amount of debt cut needed by Greece
- Closing Greek banks was absolutely necessary
- Confidence in Greek banks is beginning to return
- Probable that Greek banks will open on Monday
- Understands Tsipras position
Obviously she hasn't heard the latest comments from Nowotny on whether Greek banks will open next week. The Greeks have extended the bank holiday until the 19th