Roberto Abraham Scaruffi: Greece is as a narcotics' addict. Greeks are addicted of YOUR money. They want going on stealing and wasting YOUR money. There is an easy way treating Greeks: stop giving them money, oblige them to repay their debts. YES or NO at the Sunday referendum, they just want going on stealing YOUR money!

Roberto Abraham Scaruffi: Greece is as a narcotics' addict. Greeks are addicted of YOUR money. They want going on stealing and wasting YOUR money. There is an easy way treating Greeks: stop giving them money, oblige them to repay their debts. YES or NO at the Sunday referendum, they just want going on stealing YOUR money!

Friday 3 July 2015

Greece is as a narcotics' addict. Greeks are addicted of YOUR money. They want going on stealing and wasting YOUR money. There is an easy way treating Greeks: stop giving them money, oblige them to repay their debts. YES or NO at the Sunday referendum, they just want going on stealing YOUR money!

ATHENS MISSES DEADLINE

Greece’s government has defaulted on a €1.6bn loan repayment to the International Monetary Fund becoming the first advanced economy to do so in the institution’s 71-year history

6:07pm WORLD

Concern over conduct of Greek referendum

A woman uses an ATM of a closed bank as a sign that reads: ''We vote NO'' referring to the upcoming referendum, in Athens, Monday, June 29, 2015. Greece's five-year financial crisis took its most dramatic turn yet, with the cabinet deciding that Greek banks would remain shut for six business days and restrictions would be imposed on cash withdrawals. (AP Photo/Thanassis Stavrakis)

Court challenge to plebiscite amid acrimony over legality

Comment and analysis

Greece should vote for the rule of law

Protesters hold national flags during an anti-austerity rally in front of the parliament in Athens, Greece, on Wednesday, June 17, 2015. Greece and its creditors publicly blamed one another for an impasse in bailout talks, on the eve of a eurozone finance ministers' meeting billed as key to their outcome. (AP Photo/Yorgos Karahalis)

©James Ferguson

There remains a conviction that the future belongs to the EU’s model of shared sovereignty

– Philip Stephens

Tsipras has earned his punishment

BERLIN, GERMANY - MARCH 23: German Chancellor Angela Merkel and Greek Prime Minister Alexis Tsipras listen to their countries' national anthems upon his arrival for talks at the Chancellery on March 23, 2015 in Berlin, Germany. The two leaders are meeting as relations between the Tsipras government and Germany have soured amidst contrary views between the two countries on how Greece can best work itself out of its current economic morass. (Photo by Sean Gallup/Getty Images)

The Greek people are enduring the consequences of their prime minister’s childish misbehaviour

– Chris Giles

Why Grexit odds are probably 99% wrong

TOPSHOTS Pensioners queue outside a national Bank branch, as banks only opened for the retired to allow them to cash up to 120 euros in Athens on July 1, 2015. The European Union will decide whether to grant Greece a last-minute bailout package to avoid pushing it further towards an exit from the eurozone. Greece failed on the eve to make a 1.5 billion euro ($1.7 billion) payment to the International Monetary Fund, becoming the first industrialised country to do so. AFP PHOTO / LOUISA GOULIAMAKILOUISA GOULIAMAKI/AFP/Getty Images

Range of estimates reveals markets’ inability to price political risks

– Ralph Atkins

A woman wrapped in a greek flag makes her way in front of the Greek parliament in Athens

5:04pm GLOBAL ECONOMY

Greece needs €60bn in new aid, says IMF

Analysis points to deterioration in public finances under Syriza

4:54pm BRUSSELS BLOG from COMMENT

IMF — 3rd Greek bailout would cost €52bn. Or more?

Total price tag could rise to close to €70bn

Reaction As Greece Imposes Capital Control...Customers shop for food products at a local supermarket in Athens, Greece, on Monday, June 29, 2015. Greece shut its banks and imposed capital controls in an announcement designed to avert the collapse of its financial system, heightening the risk it will be forced out of the euro. Photographer: Yorgos Karahalis/Bloomberg

Jul 2, 2015 WORLD

Capital controls squeeze Greek economy

Price exacted by the extraordinary measures becomes increasingly apparent

Greek Finance Minister Yanis Varoufakis leaves after a meeting at the office of Prime Minister Alexis Tsipras in Maximos Mansion in Athens, Greece June 28, 2015. Greece said it may impose capital controls and keep its banks shut on Monday after creditors refused to extend the country's bailout and savers queued to withdraw cash, taking Athens' standoff with the European Union and the International Monetary Fund to a dangerous new level. REUTERS/Marko Djurica

Jul 2, 2015 WORLD

Varoufakis to resign if Greeks vote Yes

Finance minister insists creditor talks will resume on Monday

Greek Prime Minister Alexis Tsipras, left, Italian Prime Minister Matteo Renzi and German Chancellor Angela Merkel

4:18pm

ROBERT SHRIMSLEYfrom COMMENT

Managing the unmanageable Grexit contagion

Market analysts discuss the prognosis of its sick patient

Jul 2, 2015 GLOBAL MARKET OVERVIEW from MARKETS

Eurozone market calm on Grexit risk

Investors should ask whether mood reflects accurate assessment of any ‘No’ vote contagion

A TV grab shows Greek Prime Minister's address Alexis Tsipras addressing the nation in Athens on July 1, 2015. Nearly one in two Greeks intend to vote 'No' in a weekend referendum on the terms of its bailout, but capital controls are boosting the 'Yes' camp, a poll showed today. Prime Minister Alexis Tsipras has called on Greeks to vote 'No' in the plebiscite, which will ask voters whether they want to accept the latest deal from Athens' creditors -- a deal he has branded "humiliating". AFP PHOTO / ERT-/AFP/Getty Images

Jul 2, 2015 WORLD

Tsipras blasts creditors’ ‘blackmail’

Eurozone baffled by mixed messages and ECB leaves bank aid frozen

Stimaga, GREECE: Albanian migrants pick olives in the village of Stimaga, some 120 kms south of Athens, 08 December 2006. The arrival of thousands of migrants to Greece in the last years, mainly from Albania, Bulgaria and Romania, has had a positive impact on the country's agricultural sector. AFP PHOTO / LOUISA GOULIAMAKI (Photo credit should read LOUISA GOULIAMAKI/AFP/Getty Images)

Jul 2, 2015 WORLD

Albania braced for Greek crisis fallout

Tens of thousands of migrants could be forced to return home

The manager of a national Bank branch delivers priority numbers to pensioners, as Greece reopened banks for pensioners who do not use cash cards for ATM, to allow them to withdraw their pension with a limit of 120 euros, in Athens on July 1, 2015. The European Union will decide whether to grant Greece a last-minute bailout package to avoid pushing it further towards an exit from the eurozone. Greece failed on the eve to make a 1.5 billion euro (1.7 billion USD) payment to the International Monetary Fund, becoming the first industrialised country to do so. AFP PHOTO / ANGELOS TZORTZINISANGELOS TZORTZINIS/AFP/Getty Images

Jul 1, 2015 WORLD

Q&A: ECB emergency loans for Greek banks

Governing council reconsiders aid for country’s financial system

Jul 1, 2015 WORLD

Tsipras defiant as Greeks lurch to brink

Premier’s zigzags have observers sensing desperation

Jul 1, 2015 WORLD

Merkel takes revenge on Greek premier

German chancellor rules out talks before Sunday’s referendum

Jul 1, 2015 COMMENT

Tsipras is holding out for debt relief

Greek PM will try to make bowing to demands look like victory

Jul 1, 2015 GLOBAL ECONOMY

Q&A: How does Greece get a new bailout?

Eurozone parliamentary votes would be needed to approve any deal

Jul 1, 2015 EM SQUARED from MARKETS

Greece unlikely to find allies in EM

Sympathy is in short supply from those poorer than the Greeks

Jul 1, 2015 MARKETS

Bitcoin in haven rally on Greek woes

Exchanges report pick up in interest while gold ETFs barely move

Jul 1, 2015 WORLD

BoE warns of UK risks from Greek crisis

Bank concerned contagion could spread to other euro economies

Jul 1, 2015 GLOBAL ECONOMY

Explainer: How to contain Greek contagion

Fears are mounting about how Grexit could affect markets

Jul 1, 2015 WORLD

All eyes on ECB as Greece’s time runs out

Eurozone central bankers prepare to raise the heat on Greek banks

Jun 30, 2015 COMMENT

Syriza is not Greece

Europe is alive in the hearts and minds of most its citizens

Jun 30, 2015

MARTIN WOLF from COMMENT

How I would vote if I were Greek

In making my decision, I would bemoan Syriza’s idiotic leftism and the eurozone’s self-righteousness

Jun 30, 2015 GLOBAL ECONOMY

Greeks pitch IMF into uncharted territory

Greece becomes first advanced economy to miss deadline in fund’s 71-year history

Jun 30, 2015 WORLD

ECB set to raise the heat on Greek banks

Central bank to increase haircuts on Greek bank collateral

Jun 30, 2015 PERSONAL FINANCE

Greek crisis presents buying opportunity

Fund managers remain positive on European equities

Jun 30, 2015 WORLD

Greek pension funds ration payouts

Athens denies team in place planning to issue IOUs to workers

Jun 30, 2015 WORLD

Efforts grow to ease Greece contagion fear

Markets in southeast Europe upset by worries of depositor panic

Jun 30, 2015 BRUSSELS BLOG from COMMENT

Leaked: Tsipras letter requesting a 3rd bailout

Untraditional demands may be difficult for creditors to accept

Jun 30, 2015 MARKETS

Greek bond prices enter default territory

Electronic trading of Greek debt halted, phone-based transactions still possible

Jun 30, 2015 MARKETS

Greek heat dries up new stock sales in EU

Companies wary of issuing new bonds or shares in uncertain climate

Jun 30, 2015 WORLD

Greece’s No campaigners avoid euro talk

No-vote backers fail to mention country could lose the currency