We'll keep the European flag flying here? Photo: Getty Images
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Greece bows to creditor demands - but Germany looks ahead to referendum

Alexis Tsipras has conceded to all but minor aspects of Greece's creditors, but Berlin says it won't negotiate until after the referendum.

The Greek government has accepted the bulk of the creditors' conditions in a letter obtained by the Financial Times.  

Greece's premier, Alexis Tspiras, has conceded on all but minor aspects, asking to delay the increase of the retirement age to October, and to keep a VAT exception for the country's most remote islands. He also requests that a "solidarity grant" for Greece's poorest pensioners, be phased out over a longer timeframe. 

In an address to the German Bundestag, Angela Merkel indicated Berlin will not enter further negotiations until Monday.

Discussing Tsipiras' letter, Merkel stressed the importance of the will of the Greek people, telling the house that "we are now waiting for the referendum".

She emphasised, however, that "the EU is a community" and that there is "a stability culture in the Eurozone" which must be respected. This is not only about money but "the ability to compromise". 

Speaking from Athens, Tspiras vowed to press ahead with the referendum, due to take place on Sunday.

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The NS Podcast #230: It's (New) Party Time

The New Statesman podcast.

Helen is joined by Anoosh to consider whether a new political party would have any chance of success in the UK. Then they discuss the TV shows everyone really likes to watch but doesn't admit to and analyse why the quality of Don't Tell The Bride has declined. Finally, a bumper You Asked Us section including listener questions on social care, punching Nazis, the Tory economic agenda and more.

You can subscribe to the podcast through iTunes here or with this RSS feed: http://rss.acast.com/newstatesman, or listen using the player below.

 

Further reading:

The NS centenary debate from 2013 - did the left win the twentieth century?

Meet the Ivanka Voter by Anne Helen Petersen on Buzzfeed.

Anoosh on the EDL.

Why is Love Island so Tory?

How Don't Tell the Bride lost its spark

Take Me Out and the failures of feminism by Alan White.