No plan B on Greece – EU’s Moscovici

FXStreet (Mumbai) - The European Union (EU) economics commissioner Moscovici is back on the wires today, stating that the EU does not have a plan B on Greece.

On Thursday, Moscovici had said that Greece is reaching an endgame, with little time to avoid the worst (Grexit). Consequently, another Eurogroup meeting is scheduled on Monday. However, EU’s Dombrovskis has been quick to put a cold water over the possibility of deal by stating that he does not expect a breakthrough from the deadlock in one dy on Monday.