19 Jun 2015
Greece headlines mixed – Westpac
FXStreet (Barcelona) - Sean Callow of Westpac, notes the ongoing speculation regarding Greece debt deal and the ECB stance on Greek banks.
Key Quotes
“The Eurogroup meeting concluded without any obvious progress while other news flow on Greece was mixed.”
“A German newspaper claimed there would be a deal to finance Greece to year-end without IMF involvement.”
“Another report claimed the ECB was not sure if Greek banks would be able to open their doors on Monday. Yet another source story said the ECB Governing Council plans to hold an emergency meeting Friday to consider a Bank of Greece request for another EUR3bn as deposit flight has accelerated sharply this week.”
Key Quotes
“The Eurogroup meeting concluded without any obvious progress while other news flow on Greece was mixed.”
“A German newspaper claimed there would be a deal to finance Greece to year-end without IMF involvement.”
“Another report claimed the ECB was not sure if Greek banks would be able to open their doors on Monday. Yet another source story said the ECB Governing Council plans to hold an emergency meeting Friday to consider a Bank of Greece request for another EUR3bn as deposit flight has accelerated sharply this week.”