FXStreet (Edinburgh) – Senior Analyst at Danske Bank Christin Tuxen remarks the relevance of today’s Eurogroup meeting and the Greek third bailout.
Key Quotes
“The eurogroup meets at 15:00 CET today to discuss the third aid package for
Greece”.
“While the agreement is expected to be approved by the finance ministers it is not yet a done deal”.
“Germany continues to prefer a temporary bridge loan to give more time to negotiate a final agreement”.
“It also fears that the IMF will not in the end be able to participate due to its concern about debt sustainability”.
(Market News Provided by FXstreet)