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Eurogroup's Dijsselbloem Says "No Grounds For Further Talks", Will "Wait For Outcome Of Referendum"

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Eurogroup's Dijsselbloem Says "No Grounds For Further Talks", Will "Wait For Outcome Of Referendum"

Tyler Durden's picture

 
Update: Here is the statement:
And the highlights from Bloomberg:
  • DIJSSELBLOEM SAYS GREEK POLITICAL GROUNDS HASN'T CHANGED
  • DIJSSELBLOEM SAYS GREEK GOVT AMENDED PROPOSALS FROM CREDITORS
  • DIJSSELBLOEM SAYS EUROGROUP TOOK NOTE OF GREEK PROPOSALS
  • DIJSSELBLOEM SAYS SEES NO GROUNDS FOR FURTHER GREECE TALKS
  • DIJSSELBLOEM SAYS WILL BE NO TALKS IN COMING DAYS
  • DIJSSELBLOEM SAYS WILL WAIT FOR OUTCOME OF GREEK REFERENDUM
  • DIJSSELBLOEM SAYS WILL TAKE INTO ACCOUNT OUTCOME OF SUNDAY VOTE
  • DIJSSELBLOEM SAYS HE IS VERY SORRY ABOUT GREECE SITUATION
The first of today's two key catalysts following Tsipras' defiant speech has concluded: the Eurogroup teleconference chaired by Jeroen Dijsselbloem. And, as he tweeted moments ago, he will post his remarks momentarily.

conference call on just ended; video with my remarks will be online shortly on
What will he announce? Probably not much, if the FT's Peter Spiegel is right:

I'm told will put conclusions in a letter to : No further action until after the referendum

As much was confirmed by others:
  • KAZIMIR SAYS NO GREECE TALKS UNTIL AFTER REFERENDUM
Watch the Eurogroup's summary remarks at the following site, assuming it can be un "503"-ed.
And now everyone focuses on the ECB's much more important decisions: will Mario haircut (or even pull) the ELA or not.

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