Eurogroup's Dijsselbloem Says "No Grounds For Further Talks", Will "Wait For Outcome Of Referendum"

Submitted by Tyler Durden on 07/01/2015 13:59 -0400

• Greece

 

Update: Here is the statement:

And the highlights from Bloomberg:

• DIJSSELBLOEM SAYS GREEK POLITICAL GROUNDS HASN'T CHANGED
• DIJSSELBLOEM SAYS GREEK GOVT AMENDED PROPOSALS FROM CREDITORS
• DIJSSELBLOEM SAYS EUROGROUP TOOK NOTE OF GREEK PROPOSALS
• DIJSSELBLOEM SAYS SEES NO GROUNDS FOR FURTHER GREECE TALKS
• DIJSSELBLOEM SAYS WILL BE NO TALKS IN COMING DAYS
• DIJSSELBLOEM SAYS WILL WAIT FOR OUTCOME OF GREEK REFERENDUM
• DIJSSELBLOEM SAYS WILL TAKE INTO ACCOUNT OUTCOME OF SUNDAY VOTE
• DIJSSELBLOEM SAYS HE IS VERY SORRY ABOUT GREECE SITUATION

The first of today's two key catalysts following Tsipras' defiant speech has concluded: the Eurogroup teleconference chaired by Jeroen Dijsselbloem. And, as he tweeted moments ago, he will post his remarks momentarily.

 

Jeroen DijsselbloemConta verificada‏@J_Dijsselbloem

#Eurogroup conference call on #Greece just ended; video with my remarks will be online shortly on http://tvnewsroom.consilium.europa.eu/ 

What will he announce? Probably not much, if the FT's Peter Spiegel is right:

Peter SpiegelConta verificada‏@SpiegelPeter

I'm told #eurogroup will put conclusions in a letter to @atsipras: No further action until after the referendum #Greece

As much was confirmed by others:

• KAZIMIR SAYS NO GREECE TALKS UNTIL AFTER REFERENDUM

Watch the Eurogroup's summary remarks at the following site, assuming it can be un "503"-ed.

And now everyone focuses on the ECB's much more important decisions: will Mario haircut (or even pull) the ELA or not.