Market news

The weekend, starting from late Friday evening saw some rapid developments on the Greece debt negotiations. With the IMF (and the ECB and EU) unrelenting on the Greek proposals, the Greece Prime Minister, Alexis Tsipras stunned the creditors by calling for a Greek Referendum. The announcement which was soon ratified by the Greek parliament on Sa...

2015-06-30 John Benjamin Read more
European currency

Monday's Eurogroup meeting disappointed on all fronts as the markets geared up to see some kind of resolution to the Greece debt crisis. However, in the classic EU style, Eurogroup members decided to reconvene on Thursday, 25th of June with no deal being reached on Monday. Eurogroup President Jeroen Dijsselbloem, in the press conference sounded ...

2015-06-26 John Benjamin Read more