Greece’s creditors seek end to deadlock –

Financial Times

Image by henry… via Flickr

The Finanancial Times published the following story at 11:26 PM Sunday. It’s well worth a read!

Greece’s creditors seek end to deadlock –

For me there were a number of points that jumped out:

  • The urgency
  • Crisis and deadlock
  • Different language coming from both sides
  • Bond holders appealing to Merkozy
  • The German Foreign Minister taking a late Sunday flight to Athens
  • Unless talks resume and a deal is reached, it looks much more likely that Greece will default triggering financial contagion across Europe
  • This will be a story to watch carefully this week



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