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Dijsselbloem Pours Cold Water On Greek Compromise: "Don't Get Your Hopes Up"

Just over an hour ago, what appears to have been a strawman now was issued by Bloomberg via leaked sources from Greek and German officials that proclaimed talk of a "compromise" deal that makes everyone happy in Europe. However, as the leaders exited today's summit, the tone of their responses did not exactly sound compromise-prone:

  • *DIJSSELBLOEM SAYS GREECE PROCESS GOING TO BE V. DIFFICULT, "DON'T GET YOUR HOPES UP YET" ON GREECE
  • *MERKEL URGES GREECE TO MAKE UP ITS MIND SOON ON FINANCING

Hardly the resoundingly positive spin we saw earlier. Poland's Tusk, Finland's Stubb, and good old Juncker also chimed in with the latter commenting on Greece's "anti-social" behavior. Tsipras made some neutral statements, then came out swinging, "The MoU as we knew it is over. The same goes for the troika. All these years, the burden fell on the poorest. Our aim is to restore the sense of justice."

Juncker

"We have heard that the Greek government wants to cancel some measures 'cos they are antisocial. Indeed, they may be antisocial."

Eurogroup

  • *DIJSSELBLOEM SAYS `DON'T GET YOUR HOPES UP YET' ON GREECE
  • *DIJSSELBLOEM SAYS `VERY CAUTIOUS' ON GREECE
  • *DIJSSELBLOEM SAYS GREECE PROCESS GOING TO TAKE TIME
  • *DIJSSELBLOEM SAYS GREECE PROCESS GOING TO BE V. DIFFICULT

“I’m very cautious on the political side, it’s going to be very difficult and it’s going to take time and don’t get your hopes up yet”

 

“The technical assessment will be a comparison to see what the common ground is between the current program and the political program of the new Greek government. The Greek minister has said before that he thinks 70 percent of the current program he could take for his responsibility. So we could look at the 70 percent, we could also look at the 30 percent; what has to come out, what could be put in place and these have to of course be valid measures and that’s the kind of work we’re going to do this weekend and maybe we can make some political progress again on Monday.”

Germany

  • *MERKEL SAYS TSIPRAS MADE GENERAL STATEMENT ON GREECE GOALS
  • *MERKEL URGES GREECE TO MAKE UP ITS MIND SOON ON FINANCING

Finland

  • *STUBB SAYS CONVERSATION ON GREECE WAS `VERY GOOD'
  • *STUBB SEES GREECE PROPOSAL BY MONDAY

“We had a very good conversation and discussion about a possible avenue and path forward and I am sure that they will be working on some kind of a program with the institutions over the coming days and put forward the proposals on Monday”

Poland

  • *TUSK SAYS EU LEADERS DIDN'T ENTER INTO NEGOTIATIONS ON GREECE

*  *  *

Then Tsipras spoke:

  • *TSIPRAS SAYS DIJSSELBLOEM STATEMENT IS POSITIVE STEP FOR GREECE
  • *TSIPRAS: EUROGROUP TO DISCUSS MONDAY TRANSITION TO NEW PROGRAM
  • *TSIPRAS SAYS GREEK DEBT PROBLEM NEEDS TO BE TACKLED
  • *TSIPRAS VOWS TO TACKLE VESTED INTERESTS IN GREECE
  • *TSIPRAS SAYS NO ONE WANTS TO CREATE RIFT WITHIN THE EURO AREA
  • *TSIPRAS SAYS GREECE IS `SPECIAL CASE' AMONG BAILOUT COUNTRIES

"The MoU as we knew it is over. The same goes for the troika."

"All these years, the burden fell on the poorest. Our aim is to restore the sense of justice."