Deal or no deal #2546845

MNI report that the Greek proposal for a deal will be discussed tomorrow while the counter proposal from the creditor side will ask Greece to negotiate within its framework

Sources say that the Greek conditions lack a consensus on pensions and debt sustainability. They also say that the main disagreements on the EU side are on technicalities over differing views of the EC and IMF and that's what has been worked on today, although some issues remain outstanding

It looks like we're got several scenarios going on

  1. Greece has handed over their package
  2. EU is still knocking theirs together but it's close to being sent
  3. Both proposals need to be agreed on both sides or we're back to stalemate
  4. Both proposals meet in the middle and we've got ourselves a deal
  5. We all go and crack a beer open when they finally do agree something

Let's hope the beer has a long shelf life ;-)