Eurogroup finance ministers have just concluded their meeting in Brussels

David Scutt

Scutt Partners

Eurogroup finance ministers have just concluded their meeting in Brussels. At this point no official announcement relating to Greek debt negotiations has been forthcoming. There have been rumours that ministers are currently working on a 6-month bridging facility that will fund the nation until a firm agreement can be reached although, showing that it's all speculation at this point, others are stating that ministers have told Greece that they will have until Monday to accept existing bailout terms with no other option on the table. We'll have to wait and see which one, if any, is on the money. An official statement is being drafted as of the time of writing. (VIEW LINK)


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Independent Market Strategist
Scutt Partners

David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...

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