German parliamentary sources cited by Reuters 16 June

  • Bundestag budget committee to discuss compromise deal for Greece next Wed
  • question of full Bundestag debate still open

Fin min Schaeuble says:

  • Greece deal in German plenary could cause turbulence
  • there is disparity between Germany, EU institutions and IMF regarding Greek debt sustainability
  • bailout deal no significant program change

"If German parliament has to decide on Greek deal I fear there would be new market uncertainty"

"I assume that we will remain under the EUR 86bln in aid package"

Italy's Padoan says:

  • Eurogroup discussed problem of 3 officials still under trial in Greece
  • unanimously agreed Greece should solve the problem
  • there will be a disbursement of EUR 8.5bln to Greece but progress on officials case to be assessed when disbursement to take place

So €8.5bln to be paid for the time being but so much more to be agreed.

Greece - How much more kicking will this can take?