Greece has three days to deliver or face consequences: EU officials
So should we short EUR for now?
MaksymGra:
So should we short EUR for now?
So should we short EUR for now?
EURUSD is obviously at its support level now (level 1.3000) Wait till it breaks it or rebounds
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Greece has three days to reassure its lenders it can deliver on conditions attached to its international bailout in order to receive the next tranche of aid, four euro zone officials said on Tuesday.
Athens and its creditors unlocking 8.1 billion euros (6.9 billion pounds) of rescue loans resumed talks on Monday on after a two-week break during which the government almost collapsed over redundancies at state broadcaster ERT.
There is a general dissatisfaction with progress in Greece when it comes to reforming its public sector, such as tax and custom collection or health care services, a senior euro zone official involved in negotiations said.
"All agreed that Greece has to deliver before the Eurogroup on Monday. That's why they must present again on Friday," a second source told Reuters.
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