EFSF Confirms Greek Bailout Expires Today

Submitted by Tyler Durden on 06/30/2015 14:05 -0400

• Greece

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Despite rumors from The Time of Malta (seriously!!), Greece's largest creditor by far - the European Financial Stability Fund (EFSF) - has confirmed that "it's over":

• EFSF CONFIRMS GREECE FINL ASSIST PROGRAM EXPIRES TUESDAY
• EFSF: GREEK AID EXPIRATION MEANS LAST AID TRANCHE UNAVAILABLE
• EFSF SAYS REMAINING BANK-RECAPITALIZATION FUNDS TO BE CANCELED

So no extension, no suspension of referendum, and no talks until the referendum is over.

Via @SpiegelPeter,

The Eurogroup conference call has ended and Finland's Alex Stubb explains what they have...

And the Happy Jack market does this...

Any rumors from now are simply both sides showing willingness to act in good faith since Merkel has already made it clear - NOTHING happens until after the referendum.

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