20 Feb 2015
Athens labelling its latest proposal as a ‘take it’ or ‘leave it’ deal – Investec
FXStreet (Barcelona) - Jonathan Pryor, Head of FX dealing at Investec, comments on the ongoing talks around Greece’s loan extension proposal.
Key Quotes
“More rhetoric flying around from Finance Ministers, with Wolfgang Schäuble dismissing the latest Greek proposal for a six month loan extension somewhat tersely, and Berlin labelling it as a ‘Trojan Horse’.”
“However other parties appear to be more conciliatory than Germany with French PM Manuel Valls suggesting it was ‘a very encouraging sign that a solution is possible, and very quickly’.”
“Moreover, respective leaders Merkel and Tsipras were reported to have held a constructive 50 minute telephone call.”
“Today will be a critical day in the latest leg of the crisis with another meeting of Euro area Finance Ministers taking place and with Athens labelling its latest proposal as a take it or leave it deal.”
Key Quotes
“More rhetoric flying around from Finance Ministers, with Wolfgang Schäuble dismissing the latest Greek proposal for a six month loan extension somewhat tersely, and Berlin labelling it as a ‘Trojan Horse’.”
“However other parties appear to be more conciliatory than Germany with French PM Manuel Valls suggesting it was ‘a very encouraging sign that a solution is possible, and very quickly’.”
“Moreover, respective leaders Merkel and Tsipras were reported to have held a constructive 50 minute telephone call.”
“Today will be a critical day in the latest leg of the crisis with another meeting of Euro area Finance Ministers taking place and with Athens labelling its latest proposal as a take it or leave it deal.”