It all seemed positive yesterday, as Germany blinked and was ready for another can kicking exercise, accepting only one Greek reform for the time being. But as we noted, the IMF is a hurdle. And indeed, the IMF delegation, that officially "never leaves the table", just did it and put all the blame on Greece. The IMF news came 10 minutes after the Athens stock market closed 8% higher on the optimism about a happy end. Everything seems darker now. It's not only the IMF. Also other European officials, Juncker and Tusk, urged a compromise from the Greek side and made it clear that this is a "last throw of the dice". ... (full story)