EU Commission President Jean-Claude Juncker on Sunday broke off a mediation attempt in the debt conflict with Greece owing to major differences. While preventing a Grexit is imperative, the creditors must make no further concessions to Athens, some commentators argue. Others believe a Grexit would strengthen Europe.
Greece and its creditors are locked in a stalemate after loan talks collapsed over the weekend, bringing Athens just two weeks away from a catastrophic default on its debt. On Thursday (18 June), when the Eurogroup will for the last time try to find a solution, Greek Prime Minister Alexis Tsipras will be on a visit to Russia.
The inside story of ERT – the Greek public broadcaster shut down by the former government, which kept broadcasting in a show of defiance, and was finally re-launched by Syriza last week.
Vía Erkan’s Field Diary http://ift.tt/1BfAKM9
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