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Merkel tells German politicians that Germany cannot consult on a new Greek proposal before the Greek referendum

From news.forexlive.com

Merkel has been holding one of the many doors open to Greece but Reuters report a source saying that German policy makers won't go over any new deals until after the bailout While it's officially down to the Troika to agree any deal, before it passes through to member state parliaments, Merkel is possibly closing that door for now and making it tough for Tsipras to slow the clock down Tsipras has played the referendum card in an effort to scare Europe into submission and Merkel is perhaps using that stick to beat him with (full story)

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