FXStreet (Mumbai) – German finance minister Schaeuble poured cold water on whatever little optimism was seen over Greek deal by stating that Greece has actually moved backwards and that no progress has been made so far and the difference between two sides has become larger.
Eurogroup chief Dijsselbloem also echoed similar comments that not enough progress has been made and no solution has been reached, however, still no discussion is being conducted about emergency scenarios.
On the other hand, EU’s Moscovici said the creditors agree with Greece on some aspects of reform proposals.
(Market News Provided by FXstreet)