– Greece Rejects “Totally Unacceptable” IMF Counterproposal Demanding Pension Cuts: Full Redline Comparison (ZeroHedge, June 24, 2015):
The renewed optimism that’s surrounded Greek debt negotiations since Monday evening evaporated like deposits on a hot summer day in Athens this morning as the IMF has indicated it will stick to its “red lines” on pension cuts and the VAT, meaning PM Alexis Tsipras will either surrender unconditionally or embrace an EMU exit.
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