Eurogroup Meeting Over - Talks Have Broken Down; Risk Slides After Greece Says "Won't Take Orders On Bailout" - Live Feed
Submitted by Tyler Durden on 02/16/2015 - 12:02
UPDATE: *EU FINANCE MINISTERS' TALKS WITH GREECE OVER FOR TODAY, GREECE SAYS WON'T TAKE ORDERS ON BAILOUT
Well that didn't last long. It seems - just as earlier in the week - the ability for either side in this Euro-system death match game of chicken to find any common ground to even start negotiations remains lost:
GREEK GOVT OFFICIAL SAYS THAT "THERE CANNOT BE A DEAL TODAY", EUROGROUP DISCUSSED "UNREASONABLE", "UNACCEPTABLE" DRAFT TEXT INSISTING ON EXTENDING BAILOUT
In fact, reports sya that the text presented was a reversal of last Thursday's agreement... The Germans are now calling for Tsipras to replace Varoufakis at the negotiating table. EURUSD is tumbling and S&P Futures are falling fast.
ZH - Wont take ordes on bailout
