- Time running out as debt repayments loom and Greek banks strapped for cash
- Pair under pressure as market awaits the result of yet another EU summit
- EU leaders are urging Greek PM Tsipras to come up with firm proposal
- Greece likely to propose relief on their debt in exchange for austerity
- EU so far has resisted any proposals involving Greek debt relief
- If no sign of deal materializes it will likely weigh on EUR sentiment
The material has been provided by InstaForex Company – www.instaforex.com