When the facts change I change my mind, what do you do sir
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Odds of a Greek deal are suddenly falling
Ahead of meetings, Lagarde and Dijsselbloem are said to skipped past reporters on their way to meetings. It's unusual that they have nothing to say and Dijsselbloem supposedly looked annoyed. Varoufakis also left a meeting with nothing to say. US stock markets are behinning to turn and yen buying is increasing as tensions mount. Just in the past few hours, I'd say the likelihood of a deal has fallen from about 90% to 70%. There are three big snags: The IMF wants more spending cuts and fewer tax hikes Military spending Major disagreements on debt relief Dombrovskis is on the wires saying it could be a long night of ... (full story)
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