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Showing Original Post only (View all)Greek debt crisis: French central bank governor warns of 'riots and chaos' if no deal is found [View all]
Source: The Independent
Greece could descend into "riots and chaos" if it cannot strike a deal to secure its future in the euro, the governor of France's central bank has said.
Christian Noyer, who also sits on the board of the European Central Bank (ECB), one of Greece's 'troika' of creditors, made his comments to Europe 1 radio.
"The Greek economy is on the verge of catastrophe," he said.

'The Greek economy is on the verge of catastrophe'
Mr Noyer said the eurozone creditors had maintained a "lifeline" for Greek banks but that "our rules oblige us to stop immediately at the point when there is no prospect of a political accord on a programme, or at the point when the Greek banking system crumbles".
On Wednesday, Greek Prime Minister Alexis Tsipras made an impassioned plea for a "sustainable" solution to the crisis in a speech to the European Parliament, but Greece has still yet to provide a comprehensive plan.
Read more: http://www.independent.co.uk/news/world/europe/greek-debt-crisis-french-central-bank-governor-warns-of-riots-and-chaos-if-no-deal-is-found-10374612.html
Tsipras ain't got nothin'. He's still stalling for time to do God knows what. He hasn't got a clue how to proceed, now that he's alienated friend and foe alike with his "pop" referendum stunt.
The clock runs out on Sunday. Greece is beginning to rue the day they put this grinning-ninny incompetent in power.