FXStreet (Edinburgh) – Analyst at Danske Bank Kasper Kirkegaard remarks the relevance of today’s meeting in the debt negotiations between Greece and its EU peers.
Key Quotes
“Focus remains on Greece. It has been confirmed that Greek Prime Minister Tsipras will hold a meeting with German Chancellor Merkel and French President Hollande on the sidelines of today’s summit in Brussels”.
“The meeting is expected to be held this evening after the official dinner”.
“The counter-proposal released by Greece late Monday again appears to have been judged insufficient by the three creditor institutions, partly because it lacks details. Hence an agreement does not appear to be imminent”.
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