FXStreet (Córdoba) – Eurogroup discussions have been ‘indefinitely suspended’ as they will stand by until Greece return with an improved proposal, according to an EU official.
Earlier, German Chancellor Merkel says she has the impression that Greece ‘is going backwards’ on some items.
UPDATE: FT Brussel’s correspondent Peter Spiegel says that the suspension in the Eurogroup meeting is temporary and discussions are likely to resume shortly.
(Market News Provided by FXstreet)