29 Apr 2015
Greece bailout deal close – Blueprint Capital
FXStreet (Barcelona) - The Blueprint Capital FX Team comments on the key developments related to the Greece bailout deal, noting that Greek PM Tsipras has asserted that a deal could be struck by 9th of May.
Key Quotes
“A bailout deal could be struck as soon as May 9th according to Greek Prime Minister Alexis Tsipras, just in time for the debt repayment due to the IMF on the 12th of May which is just over €750m (£540m). This comes as the finance minister was recently side-lined in order to push through a deal.”
“However, uncertainty is still present in the market, amplified by Mr Tsipras’s first TV interview since becoming Prime Minister where he warned that any deal could be put to a referendum for the Greek people to decide their destiny. If this was to occur, fear would surely sweep the market, threatening the already fragile Euro-Zone revival!”
Key Quotes
“A bailout deal could be struck as soon as May 9th according to Greek Prime Minister Alexis Tsipras, just in time for the debt repayment due to the IMF on the 12th of May which is just over €750m (£540m). This comes as the finance minister was recently side-lined in order to push through a deal.”
“However, uncertainty is still present in the market, amplified by Mr Tsipras’s first TV interview since becoming Prime Minister where he warned that any deal could be put to a referendum for the Greek people to decide their destiny. If this was to occur, fear would surely sweep the market, threatening the already fragile Euro-Zone revival!”