http://www.bbc.co.uk/news/business-33223879
The quality of the BBC reporting leaves a lot to be desired;
"In an exclusive interview, to be broadcast shortly, Greece's economy minister Giorgos Stathakis has told me that he believes Greece's new proposals to balance the government's books have broken the deadlock with its creditors."
...
"He detailed Greece's new money-raising proposals. These include:
1) A new tax on businesses
2) A new tax on the wealthy
3) Some increases in the VAT rate on selected items.
But he said that his Syriza government, led by Alexis Tsipras, had avoided crossing its red lines.
So, he said, there would be no further reductions in pensions or public-sector wages. And there would be no increase in VAT on electricity."
So if the Eurogroup have agreed to this [which for one minute I can't think they have] what an absolute and utter climb-down?! o m g
Positive volatility, which I don't believe in, has been simply too much for me today - earlier on this year I would have gone all in tbh :/