Greece sent the “wrong” letter yesterday? Does that have to be true to get a compromise in the standoff between Greece and Germany? Maybe not. Reuters reporting draft accord
Today German newspaper Bild is reporting that Greek Finance Minister Yanis Varoufakis sent the wrong version of a letter outline Greece’s request for an extension of its bailout. The correct version, Bild is reporting, accepted bailout conditions agreed by the previous Greek government
So far this looks like profit taking
The phrase “Too far, too fast” comes to mind. To me this looks like profit taking on a huge run up in global markets. So far, no more and no less even in Japan.
