Like we all expected things to go swimmingly
As negotiations start today between Greece and the ECB, ESM and EU the road is already becoming rocky
Finance writer and ForexLive reader Ken Frost has a great summary of the latest news from all quarters on his blog. To be honest I've had my head in the sand as I'm enjoying the relative peace and quiet. We know that's not going to last.
Here's some of the latest developments;
- Rumours that there may be a split in the Syriza party with rebel members looking to form a new party (You can never have enough political parties in Greece)
- A senior CDU MP has resigned his Home Affairs seat in protest over the third bailout
- The mood is souring over talk of a second bridging loan to Greece
There's also increased talk that the August 20 deadline is something of fiction. Kathimerini says that a deal needs to be struck by 12th August so that it can pass through national parliaments. My hat's looking pretty safe right now ;-)
Never a dull moment eh?
H/T to @Ken_frost for the roundup
