Varoufakis said he would prefer cutting his arm off rather than signing a deal that does include debt restructuring. While he may not sign such a deal, new finance minister Tsakalatos might have this pleasure.
Even before the Greferendum and especially afterwards, the pressure has been growing for some kind of debt relief for Greece. This is clearly necessary. Otherwise, creditors will lose even more, especially in case of a Grexit. We have already noted 5 developments. Here are 5 more developments:
Read the rest of the article 6 more signs that Germany is to accept Greek debt restructuring