You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Tsipras gets party leaders signing from the same hymn sheet
Joint statement is issued by Greek party leaders
That last comment will go down well in ECB HQ
read more
if they don't exit they are crazy
Germany's Gabriel says he only sees debt reduction upon Greek reforms
Dep chancellor and econ min speaking to Stern
Perhaps they should have asked more questions then and a thorough check of the books. Rich comment given all the fudging of stats that was going on when euro first introduced
Bloomers reporting. No further detail
Meanwhile EURUSD is holding 1.0955 support lines for the moment but rallies limited
GBPUSD now through 1.5500 to post 1.5493. More bids near by
USDJPY testing good demand at 122.50 as EURJPY remains offered
USDCAD failing to hold gains above 1.2700 as oil price firms albeit off its tops now. Brent crude $57.33 vs 57.56 highs
source
Comments from EU's Tusk, Juncker .... and more from Merkel
Tusk:
Juncker:
and more from Merkel:
Hollande
source
Juncker : "I am strongly against Grexit but Icannot prevent it if Greek government does not do what is asked of it"
Is this man crazy? HE can not prevent? Who the hell he thinks he is to "prevent it"? Moron... Tax evading criminal that is on the position he is only because the other thieves awarded him for allowing theft of historical proportions
ECB's Draghi Not Sure Anymore Whether Greece Can Be Saved
The ECB president didn't sound particularly optimistic that Greece would eventually be spared of a default, Thursday's story from an Italian paper suggested.
European Central Bank (ECB) President Mario Draghi cast doubt on the possibility of saving Greece from bankruptcy, offering some gloomy thoughts on the future of the country inside the currency area.
Asked if Greece would eventually strike a deal with its foreign lenders, Draghi told the Italian financial daily Il Sole 24 Ore as he was boarding a plane in Brussels on Wednesday: "I don't know, this time it's really difficult."
However, he doesn't think that Russia would take advantage of the situation and offer some help. "I don't believe so, I don't see it as a real risk ... and then, they don't have money themselves," the story, published on Thursday, quoted him as saying.
Looming Grexit
Greece has less than 96 hours to find an agreement with its foreign lenders, with the nation's Prime Minister, Alexis Tsipras, facing a midnight deadline tonight to deliver reforms to creditors.
On Wednesday, the Greek finance ministry made a formal request for another loan from the EU's bailout fund, the European Stability Mechanism (ESM).
Meanwhile, the likelihood of Greece retreating from the euro swung above 50% for the first time ever, a Reuters poll showed also on Wednesday.
source
A central bank head tell "I don't know". Funny
He should know : a simple yes or no. But "I don't know" is for politicians not CB heads
Schaeuble says Greece needs a haircut but it won't get one
Comments from the German Finance Minister:
So they need a debt cut but aren't going to get one.
Schaeuble started banging the table and ranting when he was reminded that German debt was written off after the war. He said that's different because there was no monetary union. If anything, a 'union' implies you should get more help from neighbours.
You can see why Athens is getting sick of working with this guy.
Comments from the German Finance Minister:
So they need a debt cut but aren't going to get one.
Schaeuble started banging the table and ranting when he was reminded that German debt was written off after the war. He said that's different because there was no monetary union. If anything, a 'union' implies you should get more help from neighbours.
You can see why Athens is getting sick of working with this guy.The guy is using to much schnaps - but that is better than what the rest is using
I wonder what will the Greeks tell to a betrayal?