3 Jul 2015
Referendum aside, is a Greece deal more or less done? – BBH
FXStreet (Barcelona) - Greek Finance Minister and Deputy FM’s have made comments in favour of a Greece deal being reached soon, according to Brown Brothers Harriman.
Key Quotes
“The tone of comments out of Greece has changed. The importance of the referendum is being diluted. Greek Deputy Foreign Minister Tsakalotos says Greece will have a deal with its creditors on Tuesday, regardless the outcome of referendum. Meanwhile, Finance Minister Voroufakis is saying that a deal is “more or less done.” It’s hard to know if this is a reactive or proactive change in rhetoric from a government that is facing the equivalent of a confidence vote. What we know is that current polls show the yes camp (accepting EU’s terms) is gaining momentum. “
Key Quotes
“The tone of comments out of Greece has changed. The importance of the referendum is being diluted. Greek Deputy Foreign Minister Tsakalotos says Greece will have a deal with its creditors on Tuesday, regardless the outcome of referendum. Meanwhile, Finance Minister Voroufakis is saying that a deal is “more or less done.” It’s hard to know if this is a reactive or proactive change in rhetoric from a government that is facing the equivalent of a confidence vote. What we know is that current polls show the yes camp (accepting EU’s terms) is gaining momentum. “