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Having slept on it, I think the positions are as follows:

IMF: Austerity and debt relief
Germany: Austerity
Greece: Debt relief

There are a lot of percentages discussed in the leaked discussion. My impression is that they are discussing targets for Greece to reach to gain debt relief, where IMF wants those targets low enough for Greece to get debt relief, but don't wnat to go low to quick because they need Greece to first accept another round of austerity.

The Commission appears to be mediating or something, and everyone else is irrelevant.

by fjallstrom on Sun Apr 3rd, 2016 at 05:40:27 AM EST

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