Creditors didn’t accept the Greek proposals – Greek PM Tsipras

FXStreet (Mumbai) - Greece headlines are crossing the wires as markets head in to the Euro group meeting commencing later today with Greek PM Tsipras stating that creditors rejected the New Greek proposal.

While he also added that he considers it strange that creditors find it hard to accept measures that will throw debt-ridden nation deeper into recession.

German IFO hurt by Greece – ING

Analyst at ING Bank Carsten Brzeski assessed the recent poor results from the German IFO...
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ECB extends ELA for Greece for the 5th time in a week

The European Central Bank (ECB) on Wednesday approved the amount of emergency funding (ELA) Greece requested for its lenders for the fifth time in a week, Reuters reported. However, the exact amount of new emergency liquidity provided wasn't disclosed.
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