Greece debt crisis: Eurozone sets final deadline for new plan

[TheAppletons]

So desperate are the EU leaders

The latest negotiations prove "very difficult" as Germany calls for more Greek austerity or a five-year eurozone "time-out".

http://news.sky.com/story/1517428/inconclusive-greek-bailout-talks-suspended

A 5 year Eurozone timeout is on the table.

Unbelievable.

Not that unbelievable. Germany wants Greece out....but may not be able to sell a straight "Grexit" to the rest of the members. So they propose a "timeout" which sounds like Greece will be allowed back in - but then they won't.

[JockPieandBeans]

So desperate are the EU leaders

The latest negotiations prove "very difficult" as Germany calls for more Greek austerity or a five-year eurozone "time-out".

http://news.sky.com/story/1517428/inconclusive-greek-bailout-talks-suspended

A 5 year Eurozone timeout is on the table.

Unbelievable.

Not that unbelievable. Germany wants Greece out....but may not be able to sell a straight "Grexit" to the rest of the members. So they propose a "timeout" which sounds like Greece will be allowed back in - but then they won't.

I do not think that Germany would need to '' Sell '' a Grexit to anyone.

I think you are wrong. I think Germany is desperate to keep the EU intact as they probably see a Grexit as the catalyst for the whole Ponzi scheme to come crashing down.

[i claudius]

If it wasn't for all the leaders not wanting the gravy train to keep going so that they can swan around the world ,then jump on (think Kinnock

and family) when their careers are over then the whole charade would have died years ago

Edited July 12, 2015 by i claudius