It seemed done, but no. The Greek Prime Minister Alexis Tsipras announced to his allies that international creditors have rejected some reform proposals presented by the Greek government to unblock the last tranche of aidfrom 7,2 billion agreed in February and essential to avoid the imminent bankruptcy of Athens, which by the end of June must repay loans to the IMF for 1,6 billion euros. The news was reported by Greek government sources cited by various international news agencies.
At the moment there are no more precise indications on which proposals are rejected and on which of the three institutions of the former Troika (EU, ECB and IMF) is responsible for yet another deadlock in the negotiations.
"The continued rejection of compensatory measures by some institutions has never happened before, neither in Ireland nor in Portugal”, wrote Tsipras on Twitter, adding that “this strange attitude can only mean two things: either they don't want the agreement, or they are serving specific interests in Greece”.
The repeated rejection of equivalent measures by certain institutions never occurred before-neither in Ireland nor Portugal. #Greece .
- Alexis Tsipras (@tsipras_eu) June 24 2015
This odd stance seems to indicate that either there is no interest in an agreement or that special interests are being backed. #Greece .
- Alexis Tsipras (@tsipras_eu) June 24 2015
Tonight at 19 is scheduled the Eurogroup considered by many to be the turning point in reaching an agreement, while in the afternoon the Greek prime minister will meet the president of the ECB Mario Draghi, the managing director of the Monetary FundChristine Lagarde, the number one in the Eurogroup Jeroen Dijsselbloem and the President of the European Commission Jean-Claude Juncker.
Meanwhile, the news of the new freeze between Athens and Brussels sent the lists back into negative territory and the Btp-Bund spread into swing. In the middle of the day the Ftse Eb yields 0,40%, with the differential which reached a peak above 140 points and then rekindled around 130. The yield on Italian ten-year bonds is 2,14%.
Frankfurt falls back by 0,8%% e Paris by 0,38%, with sales hitting the Bouygues stock after last night's no of the Board of Directors to the offer of over 10 billion euros from Altice, parent company of the operator Numericable-Sfr, for the subsidiary Bouygues Telecom. London holds, earning 0,30%.
However, the lists slowed the fall after the first reaction to press rumors. Greece “is about a two-hour flight from Brussels. Let's go to the Eurogroup to find a solution”, the Economy Minister retorted to the rumors, Pier Carlo Padoan.
Earlier, Asian stocks managed to close in positive territory with Shanghai gaining 2,48% and Hong Kong gaining 0,26%. Tokyo (+0,28%) to 18-year highs.
On the macroeconomic front, the German Ifo index it did worse than expected, falling to 107,4 points.
In Italy the trade balance with non-EU countries it recorded a surplus of 2,857 billion euros, an increase compared to 2,404 billion in the same month of 2014. This was communicated by Istat, adding that the surplus in the trade of non-energy products is equal to 5,4 billion, compared to 6,4 billion in May 2014.
Il exchange euro Dollar it rose by 0,22% to 1,1192.
In Piazza Affari they move against the tide, among the best of the Ftse Mib, Mediaset (+ 0,41%), Saipem (+ 0,30%) and Banco Popolare(+0,26%). In red, however, the banking sector: Ps -1,79% bpm -0,41% (to 0,9835) deflated after reconnecting this morning the one euro quota to its highest level since October 2010.
Ubi -0,4% and Unicredit -1,24%. Understanding -1,35% despite the Consob updates showing that the People's Bank of China holds 2,005% of the bank. The sector today collects the green light to law decree containing an anti-suffering package.
At the bottom of the Ftse Mib Buzzi Unicem (-2,07%), Yoox (-1,97%) And Telecom Italy (-1,93%).
