FXStreet (Córdoba) – Eurogroup meeting has ended after barely an hour of talks. Additionally, the Eurogroup announced an early press conference at 13:00 GMT, all of which suggest no significant progress has been made towards a Greek deal.
Finland’s FinMin Alexander Stubb twits: “#Eurogroup ends. Work continues. Institutions assess proposals” @alexstubb.
EU’s Dombrovskis has stated that Greek proposals are a step in the right direction but there is still more work to be done and a deal must be reached in the coming days.
Separately, media reports suggested there might be no leaders summit at all tonight given how little progress there is to discuss.
(Market News Provided by FXstreet)