Former MD of the IMF Dominique Strauss-Kahn offers his thoughts - largely negative about the current IMF policies:
http://fr.slideshare.net/DominiqueSt...7-tweet-greece
This, if true, is absolute dynamite:
Quote:
More is coming in about the telephone conversation the Greek prime minister Alexis Tsipras had this afternoon with the German chancellor Angela Merkel and French president Francois Hollande.
Helena Smith our correspondent writes:
Courtesy of Mega News we are now learning that Tsipras’ chat with both leaders was far from cordial. The Greek prime minister, responding to Merkel’s protestations that the referendum would ultimately boil down to a choice “between the euro and drachma” is reported to have said:
“No it isn’t.
This is the birthplace of democracy. We are a sovereign country and will not be told what question to pose in this referendum. The referendum wiill take place regardless of whatever the decision the Eurogroup takes.”
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EDIT: Fundamentally Merkel is stuffed here. The arrogance of the EU and the Euro-project alongside the obsession with ever-closer union is put into stark focus when it's pointed out, as noted by the Greek Finance Minister, that the 'procedure' for a country to leave the Euro simply doesn't exist.