So reports Livesquawk from Greek newspaper Katherimini
Tsipras had previously been considering holding a confidence vote in parliament once the bailout deal had been sorted/payment made on 20 Aug
Apparently not the case now.
Says Ekatherimini:
A government official said that if Tsipras is advised that bailout-related legislation needs to be passed through Parliament immediately, then the option of early elections in September is likely to be rejected. Instead, the government will seek to clear the first review and snap polls will be considered for October or November.
In fact, Tsipras could ask for Parliament to hold reduced summer sessions during August for the draft laws to be approved. A delay in calling a confidence vote or snap elections would also allow for the discussion with lenders about debt relief to proceed.
Either way, Tsipras is expected to take his final decision in the days immediately after Thursday, when Greece has to pay 3.2 billion euros to the European Central Bank. The bond will be covered by money that Athens is due to receive from the new bailout.
Perhaps cold feet fearing political suicide, or common sense to get the deal through?
What do our Greek readers/others think?
Either way euro still stabilizing after another wobble with EURUSD 1.1074, EURGBP 0.711, EURJPY 137.70