While Mr Happy Schaeuble splutters over his morning Bratwurst
- have to proceed step by step
- implementation of agreement comes first to rebuild confidence
- Greece will apply for further IMF programme when current one expires in March 2016
- privatization fund worth about €50bln will include recapitalized banks to be sold off to pay down debt
- Greek parliament must approve entire conditions before German parliament meets to approve
- Troika will resume normal supervision of bailout programme
- Eurogroup is ready if necessary to grant longer grace period and longer loan maturities after first review of Greek programme
- It will be a long a difficult road
Now run along Alexis and get this put through. There's a good boy
