Eurogroup believes Greek deal is still possible – Italian minister

FXStreet (Mumbai) - The Italian finance minister Padoan in a BBC radio interview said the Eurogroup believes the Greek deal is still a possibility.

Padoan said the debt profile of Greece a lot less worrying than is often portrayed and that Greece needs to return to growth. He further added that “ whatever happens we need to accelerate integration in Eurozone with deeper banking union.”

Greece second bailout programme expires, third on the way? – ING

Economists at ING, note that yesterday’s events marked another symbolic step in the Greek crisis but also confirmed that the issue between Greece and its Eurozone creditors goes beyond numbers and substance.
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Switzerland SVME - Purchasing Managers' Index came in at 50, above expectations (49.9) in June

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