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Analyst: If Greece Beats Russia On Saturday, It Will Mean...Something In The Context Of Sticking With The Euro Or Not

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An unusually large numbers of voters are still wavering, pollsters say. With the traditional Greek left-right political divide sidelined by the debt crisis, other factors could sway voters. "Nothing is certain, many voters are still undecided and factors such as the soccer match may be a major factor," said a candidate for New Democracy. Greece play Russia late on Saturday in the European Soccer Championships in Poland. If Greece win, they will progress beyond the group stage and could face Germany on June 22. "Our analysts say a victory may fan nationalist feelings but they are not sure which party would benefit from that," the candidate said. A second big factor is the weather, he said. Unusually high temperatures may send younger voters to the beach rather than the polling stations. [Reuters]


Greece Doesn't Need You!

Greece doesn't need any of you! Greece's finance minister on Thursday denied a report citing the country's representative to the IMF as saying Athens would need a third bailout package. The euro weakened against the dollar on the report, which was later also denied by the official quoted in the article and came as international inspectors are mulling handing over the next tranche of Greece's second aid package. "The country's positions are formulated by the Prime Minister and the Finance Minister," Greek Finance Minister Yannis Stournaras told Reuters in response to the Dow Jones/Wall Street Journal report. The article quoted Thanos Catsambas, Alternate Executive Director at the IMF Executive Board representing Greece, as saying the country would need a third bailout from European creditors. It also reported Greece could not bridge a funding gap and had met only 22 percent of targets for the second bailout...Catsambas issued a statement saying the article included "at least three important inaccuracies". [Reuters]

Paul Singer: Greece Did It To Itself

The hedge fund manager is very broken up about this Greek tragedy.