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Agreed Upon Greek Bailout "Unagreed" 24 Hours Later As LAOS Leader Changes Mind, Euro Tumbles

From zerohedge.com

Remember the pomp and circumstance with which Venizelos showed up in Brussels yesterday carrying a two paragraph statement from Lucas Papademos in hand, saying Greece promises it has agreed to agree to make idiotic "pledges"? Well, as was largely suspected by cynical old us, even that "deal" has lasted not even a whopping 24 hours. GREECE'S KARATZAFERIS SAYS CAN'T VOTE FOR TROIKA ACCORD AS IS - BBG This is coming from the LAOS coalition member whose support for the Troika accord was supposedly in place yesterday. Kiss this whole thing agreement goodbye. Just as Germany wanted all along. And the all-idiotic EURUSD, ... (full story)

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