This is currently the FT’s most popular article. It’s a good summary of the delicate state of negotiations. Check it out!

via Greece’s eurozone future uncertain as Germany steps up pressure – FT.com.

The pressure is now mounting on Greece. It’s a bit like unconditional surrender, in my view. But the alternative of  a Grexit or a temporary exit have still not been properly risked assessed. If Greece does not get a financial lifeline, expect a massive humanitarian initiative

It’s easy to say that Greece precipitated the current impasse but this point in negotiations was probably inevitable. Ultimately, the Euro is the fundamental weakness & expect speculators to apply pressure this week.

Thoughts?

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