Reuters reports that the Greek austerity pill has been passed by Parliament. Given the protests, an act of relative political courage, you have to concede.

Greek officials continue to push for EU aide to get their borrowing costs down but the Eurogroup is in no hurry to provide aid, as Juncker made clear earlier.

Greece could have trouble closing the deficit making debt payments at rates above 6% , so the EU may ultimately have to provide debt guarantees to help them close the gap….