The Traderszone Network

Published in TZ Latest News 16 February, 2015 by The TZ Newswire Staff

Redlined Comparison Of The Eurogroup Draft Varoufakis Was Ready To Sign, And The Draft He Rejected

Just like last week, the reason for the bitterly acrimonious collapse of today’s Eurogroup attempt to resolve the Greek crisis, was in the wording of the proposed final Eurogroup draft. And, just like last week, while the Greek FinMin was initially willing to sign a specific draft (in this case penned by Moscovici), it was subsequently revised to a draft which Varoufakis threw up all over, leading to a premature end of today’s discussions, one which for the second time in a week prevented the Eurogroup from even issuing a joint statement.

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