Even a blind man with no head could see this coming.
According to “sources” the funding gap could surpass €14bn. It was previously forecast at somewhere between €2-10bn (as we used to say on the floor, a big enough quote to drive a bus through). Surprisingly the forecasts from Greece and the Troika are “very different” and it’s very much unclear if debt is sustainable in the medium to long term.
Sources also state that the Eurogroup won’t tell troika to ease its stance on Greece.
Anyone surprised?
I was going to put my ‘money down the toilet’ pic up but a toilet doesn’t do it justice anymore.
Open wide Greece, here comes the money