- Talks continue, there is some scope to accommodate the Greeks
- Deal with Greece likely to include restatement of Eurozone Nov 2012 pledge on readiness to look at Greek debt rescheduling
- Even if there is a deal, Greece will probably be in arrears with the IMF for a few days as it is technically difficult to make June 30 payment
- Being in arrears with the IMF for a few days is not the end of the world for Greece as long as there is a clear deal
"Higher than 50%" isn't exactly a roaring endorsement.