Merkel speaks to the Bundestag
- Greece not making IMF payment was the end of the aid program
- Basis for second program has ended
- There will be no negotiation before the referendum
- Greece can't cause an economic catastrophe in Europe
- Aid sums mentioned are not insurmountable
- The door remains open to Greece
- Tough days lie ahead for Greek people
That's pretty much inline with Schaeuble and will maybe calm some German nerves that they were at odds with each other. Either that or they were playing the good cop, bad cop routine
And there's more;
- Germany won't compromise at all costs
- IMF would have to be part of any further talks
- This is not about €1.5bn or €2bn, or whatever it is
- Europe's future is not at stake
And she's done
