ML-Implode News - Here's Why New Greek Proposal Is Unreal

My view is that this proposal will probably be acceptable to the EU, which will close its eyes on two glaringly obvious things: (1) The proposal from the EU on which this current Greek counter proposal is based was based on assumptions and estimates that are at least 3 weeks old, and for some figures -- older. Economic and fiscal losses since then have been significant and most likely remain un-covered by the current Greek proposal...
(2) Most importantly, the Greek proposal does nothing to address the existent debt overhang -- the one that the IMF believes cannot be addressed via enhanced â€˜reforms' and increased â€˜austerity' and requires debt haircuts. However, I suspect that since avoiding Grexit is now clearly Greek Government priority, and since doing the same always was and remains the EU priority, both sides will ignore the discomforts of reality.

... a large number of Greek voters will get a strong sense of having been cheated out of their â€˜No' votes. And then there is the risk of looming deposits bail-ins...

Relevant:

Here's Why New Greek Proposal Is Unreal | The Wall Street Examiner