Greece is taking a hard line on negotiations according to social media
- Tsipras to call new elections if Eurogroup deal fails
- Greece read to agree to extension not tied to bailout
- Greece could walk away if pushed on bailout extension
- Greece still to provide specific non-austerity measures
No reaction from the euro but it adds to jitters that began to brew yesterday. I can't believe that talks will ultimately fall apart over a three month extension and I think that any Greek-driven slumps in the euro aren't sustainable. That said, you never want to bet an account around Greek headline risk because anything is possible.
