23 Mar 2015
Tsipras-Merkel meeting in the limelight today – UOB Group
FXStreet (Edinburgh) - Analysts at UOB Group remarked the significant meeting between Chancellor A.Merkel and PM A.Tsipras today.
Key Quotes
“The key focus will be in the Eurozone as Greek Prime Minister Alexis Tsipras is set to meet German Chancellor Angela Merkel for the second time in five days on Monday (23 Mar) as Greece prepares for what could turn out to be a decisive week for its future in the Eurozone”.
“European leaders (including Merkel &, French President Francois Hollande) and European Central Bank President Mario Draghi had earlier pressed Tsipras at a 19 March meeting in Brussels to make good on a February promise and ‘‘present a full list of specific reforms’’ in the coming days before any further aid can be disbursed”.
“Meanwhile, Greece remains locked out of capital markets and are likely to run out of money by early April”.
Key Quotes
“The key focus will be in the Eurozone as Greek Prime Minister Alexis Tsipras is set to meet German Chancellor Angela Merkel for the second time in five days on Monday (23 Mar) as Greece prepares for what could turn out to be a decisive week for its future in the Eurozone”.
“European leaders (including Merkel &, French President Francois Hollande) and European Central Bank President Mario Draghi had earlier pressed Tsipras at a 19 March meeting in Brussels to make good on a February promise and ‘‘present a full list of specific reforms’’ in the coming days before any further aid can be disbursed”.
“Meanwhile, Greece remains locked out of capital markets and are likely to run out of money by early April”.