Greek PM Alexis Tsipras on Bloomberg
- Greece has submitted concrete proposals to creditors
- Greece keeps servicing debt despite asphyxiation
- Greek government is willing to accept compromises
- Solution should involve debt restructuring
- Liquidity squeeze is creditors using a negotiating tactic
The finishing line to these negotiations has been like trying to get to the end of a rainbow
Further comments from Reuters
- Greece deal with lenders concerns the whole of the eurozone
- Deal must address Greece's long-term funding issue
- Deal must not impose further pension cuts
The fact that we've had talk of compromise from both sides today should be a positive vibe but we've been here more times than I've had hot dinners, so the market will certainly not get excited. Should the unimaginable happen and we do get a deal soon, the euro could see some decent upside once again
