BREAKING…..EUROGROUPEWILL REJECT VAROUFAKIS PROPOSAL” – SOURCES

“They would’ve rejected the proposal whatever it had said. It was dead before being read”

While admittedly not from a high-up Brussels source, this person has never let me down before. It seems that there is “a large majority in the Eurogroup for the rejection” of the second proposal for ‘reforms’ put forward by Syriza for today’s meeting. The rumour was confirmed by another source in Athens half an hour ago.

Let me give you the word-for-word on this Brussels mole’s certainty:

“It is an open secret here that the eurogroupe had made their minds up to reject the paper out of hand. That much was crystal clear last Friday night. They never had any intention of agreeing to it – they would have rejected it whatever it had said.. Because they didn’t make this clear last week, Greece has lost another day before facing the IMF payment next Friday. It’s all designed to put Athens in a corner with no escape.”

As I mentioned briefly yesterday, a senior Paris source claimed Sunday afternoon that he thought very few groupe members had actually read the 11-page Varoufakis document.

So what now for Syriza? Stay tuned.

Earlier at The Slog: Was Yanis Varoufaked?