(NYT) Mixed Messages and No Progress in Greek Crisis

In the past few days, Prime Minister Alexis Tsipras of Greece has blown up negotiations with European creditors on staving off default, then retreated and accepted more or less the same terms, only to have European leaders tell him the offer had expired.

Greeks are supposed to vote on a referendum this weekend, but no one there or elsewhere seems sure what they will be asked, or what the consequences will be for voting yes or no.

And European leaders here and in Berlin and Paris have been saying distinct ”” sometimes directly contradictory ”” things about whether there is a bailout deal for Greece still on the table, and whether they want Greece to hold its referendum before they can renew discussions about it.

Read it all.

print

Posted in * Economics, Politics, * International News & Commentary, Anthropology, Credit Markets, Currency Markets, Economy, Ethics / Moral Theology, Europe, Foreign Relations, Greece, Politics in General, The Banking System/Sector, Theology