Greece discussions reaching a critical point – RBS

FXStreet (Barcelona) - FX Trading Strategists at RBS, comment that the discussion between Greece and its creditors is reaching a critical point, with April 9th serving as the deadline for Greece to make the €460mn payment to the IMF.

Key Quotes

“The discussions between Greece and the Institutions reaches a critical deadline, as Greece has a €460mn payment to the IMF on April 9th and Greece may struggle to make that payment without at least a partial disbursement of aid.”

“We ultimately expect that the reforms taken initially will be among the “easiest” politically and enough to unlock a partial disbursement of aid allowing for more time to find a longer-term solution.“