Proposals

Austrian Chancellor Werner Faymann stated that the negotiations and talks on Greece’s future in the Eurozone must have an immediate and positive ending.

His statements followed the Austrian FinMin’s statement, who said that a Grexit is now very possible.

Austria's finance minister does not believe an unplanned Greek exit - or Grexident - from the eurozone has become more likely in the past month, though he added that an orderly withdrawal could be discussed.

The Athens Stock Exchange is struggling to keep up.

Even though the market is at 770 units and holding, the small turnover of 17.6 million euros shows that the market is moving aimlessly.

The only positive point is that the Stock Market holds up to current price levels, even though constant talks of a Grexit may pressure it towards a downwards trend.

Grexit – The Greek withdrawal from the eurozone.

Grexodus – Better conveys the Greek withdrawal to convey the meaning of a Greek withdrawal because “exit” is a Latin word but “exodus” is Greek in origin. In the biblical use, the word conveys deliverance from bondage.

Grexident – A Greek withdrawal from the eurozone that catches everyone unaware as it happens by accident.

The “Institutions” seem to be confident that an agreement with Athens will be reached, since a list of measures and reforms proposed by the Greek government is “obviously improved”, and quite specific, according to German magazine Der Spiegel.

 Threatening creditors that Greece would be happy to leave the eurozone is a dangerous negotiating tactic

By Dimitris Kontogiannis

At a news conference in Berlin on Friday, the spokeswoman of the German Finance Ministry Marianne Kothe said that German government has no details about the list of reforms that Greece is due to present by Monday.
“We have had no concrete information presented to us”, said the spokeswoman of the German Finance Ministry.

According to an article at economic-stock market ZeroHedge blog, the fate of Greece is expected to be decided in the coming days.
According to the article the three scenarios have as follows:

"In 20 minutes all of the ATMs will have been emptied dry; poverty will have conquered 80% of (Greek) households," was the way centrist Potami leader Stavros Theodorakis described the repercussions of Greece's exit from the eurozone - the financial markets' bogeyman known as "Grexit".

According to a poll conducted by Germany's YouGov in March, six in ten Germans now say that the euro zone will be better off without Greece, a significantly increased proportion compared to the results of a similar poll in February.