Athens parliament will vote tonight on the bailout plan demanded by creditors, which the International Monetary Fund has just savagedIntroduction: Greek MPs decideSyriza welcomes IMF’s report 8.14am BST Economists don’t agree on much, but there’s a strong consensus that the Greek bailout plan is badly flawed:Noone thinks the Greek prog will stay on track. Not IMF, not Tsipras, not Schaüble, not anyone. They must all love Brussels nights.Economic reality, highlighted by #IMF, collides with political reality in #Germany. Now Greek voters know they’ve been offered a bandaid 8.11am BST The deal that no one believed in Tsipras: ‘bad agreement’ Schäuble: ‘many’ would prefer Grexit IMF: doubts Greece or Europe will do enough 8.10am BST The IMF’s incendiary new debt sustainability analysis was sent to EU authorities at the weekend. That means that the main players should have been fully briefed when they signed off on the Greek plan. So either they were wilfully obtuse, or they believe the debt relief issue can be tackled.Two points on IMF's Greek DSA: eurozone had it at weekend but still did deal; Germany et al insisted on IMF continued involvement.More to the point that this IMF DSA is no insurmountable obstacle imo. https://t.co/FN8J16jEEG 8.04am BST Marina Prentoulis, Syriza’s representative in the UK, has welcomed the IMF’s warning yesterday that Greece needs deep debt relief, much more than Europe has admitted.Interviewed on Radio 4’s Today programme, she pointed out that Alexis Tsipras had been calling for debt relief for months.All the time, the other side... they don’t want to discuss the debt. They still don’t want to discuss the debt. We know it’s urgent that someone will take care of that. I’m very sorry not only for Greece but the European Union and the eurozone and somebody has to react.”“I think so. We have to remember that for these measures that we are discussing... the IMF will be part of that. They have to agree, still. There are still negotiations going on.We see a split between the IMF and the European Union. We hope the people of Europe will realise what games they have been playing in the case of Greece and Europe as well. They have been [effectively] lying to us, all the people of Europe, all this time.”We hope this is going to happen.” 7.57am BST Good morning, and welcome to our rolling coverage of the Greek crisis.There are two things in the world you never want to let people see how you make ‘em - laws and sausages. Related: Greek debt crisis: Tsipras vows not to 'abandon ship'; IMF urges massive debt relief - as it happened #IMF threatens to walk away from Greek bailout deal on concerns debt not sustainable http://t.co/HwdUo4lN3z via @welt pic.twitter.com/rwE0HKElfcGot copy of #IMF DSA update. To me, most interesting thing not lines on debt relief. Tone sends signal they want out of #Greece completelyToday sees the Greek parliamentary vote with proposals to be debated at committee level at 0800BST and at Greek parliamentary at 1200BST Continue reading...
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