23 Mar 2015
Tsipras/Merkel: No deadlines, no reaction in currencies; EURUSD remains at highs
FXStreet (Tokyo) - No big news in the so-called meeting Greece between PM Alexis Tsipras and Germany's Angela Merkel. However, it seems the meeting was a good start point in a friendly relationship.
Corruption, tax evasion, state inefficiency and reforms were the main themes. Merkel affirmed that Germany wants Greece to be economically strong.
Tsipras pointed out that the 5-year bailout has been an error while the package increased social inequality.
The reaction in the currencies market was minimal. The EUR/USD continues with its slow advance and now it is trading at 1.0950 again.
EUR/JPY extends advance to 131.20; highs since Wednesday March 18.
Corruption, tax evasion, state inefficiency and reforms were the main themes. Merkel affirmed that Germany wants Greece to be economically strong.
Tsipras pointed out that the 5-year bailout has been an error while the package increased social inequality.
The reaction in the currencies market was minimal. The EUR/USD continues with its slow advance and now it is trading at 1.0950 again.
EUR/JPY extends advance to 131.20; highs since Wednesday March 18.