Eurogroup and Greece will take centre stage today – DB

FXStreet (Edinburgh) - Analysts at Deutsche Bank remark today’s key Eurogroup meeting with Greece in the centre of the debate.

Key Quotes

“The main news over the weekend appears to be reports on various wires that Greece may call a referendum or have early elections according to Greek finance minister Varoufakis”.

“In an interview with Italian press Corriere della Sera, Varoufakis was reported as saying that should Europe ultimately reject Greece’s proposals, then ‘there could be problems but, as my prime minister has said, we are not yet glued to our chairs and we can return to elections, call a referendum’”.

“Meanwhile comments from the EC’s Dijsselbloem ahead of today’s meeting appear to be cautious having said that the letter of proposals submitted by Greece is ‘helpful’ but will need to be scrutinized by Greece’s creditors”.

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