FXStreet (Mumbai) – As per the Bloomberg report, EU’s Juncker said the Greek proposal has been tabled at the Eurogroup meeting.
Earlier today, Bloomberg reported that Greece and its creditors failed to reach an agreement ahead of the Eurogroup.
Euro-area finance ministers were faced with competing proposals aimed at breaking the deadlock with Greece after talks between Prime Minister Alexis Tsipras and Greece’s creditors failed to produce a compromise position, a Bloomberg report said.
Juncker also said the EU commission will maintain its proposal as it is – take it or leave it proposal after Greece and its creditors failed to reach an agreement.
(Market News Provided by FXstreet)