Banksters
Oh, POOR BABY: EU Chief Feels ‘Betrayed’ By Greece
from BBC:
he European Commission chief, Jean-Claude Juncker, has said he feels “betrayed” by the “egotism” shown by Greece in failed debt talks.
He told a news conference that Greek proposals were “delayed” or “deliberately altered” and the Greek people “should be told the truth”, but the door was still open to talks.
Greece called a surprise referendum and Greek banks are closed for a week.
European stock markets saw big falls on Monday after the weekend’s events.
The negotiations were not “a game of liar’s poker”, Mr Juncker said. “Either all win or all lose”.
He said the talks were broken “unilaterally” by the announcement from the Greek Prime Minister Alexis Tsipras that he was calling a referendum for 5 July.
The Greek government responded to Mr Juncker’s comments by saying: “An essential element in indicating good faith and reliability in negotiations is sincerity.”
Mr Juncker said that he still believed a Greek exit from the euro was not an option and insisted that the creditors’ latest proposal meant more social fairness – “no wage cuts, no pension cuts”.
European press sees Greece on verge of exit
On Saturday, the European Central Bank (ECB) decided not to extend emergency finance to the Greek banks, after the breakdown of talks on giving heavily indebted Greece the last payment of its international bailout.
Following the ECB announcement, Greece said its banks would remain shut until 6 July. Cash machines are now reopening, but customers can withdraw only limited amounts.
A critical deadline looms on Tuesday, when Greece is due to pay back €1.6bn to the International Monetary Fund – the same day the bailout expires. There are fears of a default and a possible exit from euro.
The French cabinet met on Monday in an emergency session. President Francois Hollande said afterwards that a deal was still possible if the Greeks wanted it.
“There are a few hours before the negotiation is definitively closed, in particular for the prolongation of the Greek aid programme.”
German Chancellor Angela Merkel’s spokesman said that she was “ready for further talks” with the Greek Prime Minister Alexis Tsipras “if he actually wants to”.
Athens resident Ilia Iatrou says the situation is “unbearable”.
“My mother-in-law queued up for over an hour at the cash point just to be able to withdraw a small amount of money.
“I haven’t tried to go to the cash machine myself, as we don’t have much money left.
“My neighbours and I have now resorted to a sort of barter system among ourselves because we have no money left.
