Greece not considering a parallel currency - Tsakalotos

FXStreet (Bali) - Tsakalotos Euclid, the Greek coordinator of negotiations with international creditors, said, via Reuters, that "we are not considering a parallel currency", adding that he does not expect the EU to kick them out of the shared currency union. "We are ready to meet them tonight if necessary" explains Tsakalotos, quoted by Reuters.

Jul 5, 2015

Greek referendum: If 'No', risk large Grexit materializes - Rabobank

Maartje Wijffelaars and Allard Bruinshoofd, Economists at Rabobank, notes that if the 'No' vote wins in Greece today, the risk is large that no deal will be agreed upon anymore and that Greece eventually leaves the Eurozone.

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Jul 5, 2015

Greek referendum: 'No' leads with around 60% on 10% of the vote counted

With the odds of a 'Yes' vote now been put to around 40/1 in some of the main betting houses, official results of the Greek referendum at 8:12 Greek time, which accounts for over 10% of the vote, shows 'No' leading with 59.9 % while 'Yes' stands at 40.1 %.

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