Pension and Wage cuts will not be accepted – Greek government

FXStreet (Mumbai) - A Greek government spokesman has reportedly once again reiterated that the Pension and Wage cuts as part of reforms will not be acceptable to the Greek government.

The spokesman confirmed that technical talks have now been completed and that pensions data cited by the IMF is wrong. On IMF departure, he said it is “nothing more than pressure towards everyone”.

GBP/USD needs a move above 1.5550 to see further gains – FXStreet

Valeria Bednarik, Chief Analyst at FXStreet, sees additional gains towards 1.56 levels if GBP/USD breaks above 1.5550 levels.
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Poland M3 Money Supply (YoY) climbed from previous 7.2% to 7.7% in May

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