1 May 2015
Greek expected to deliver before May 11th – DB
FXStreet (Edinburgh) - In the opinion of Jim Reid, Analyst at Deutsche Bank, Greece expects to come to an agreement by the next meeting on May 11th.
Key Quotes
“Returning to the positive Greek sentiment yesterday, this seemed to be driven by headlines that both sides had agreed to actively pursue negotiations starting Thursday with the target of getting a preliminary deal done by May 3rd with the idea being for the finance ministers to sign off on the accord at the May 11th meeting (Bloomberg News)”.
“This seems too good to be true at the moment but there does seem to be a better tone to negotiations at the moment although Eurogroup chief Dijsselbloem kept the pressure on by suggesting that the Greek government should spend less time on interviews and more on avoiding abyss. The stakes remain high”.
Key Quotes
“Returning to the positive Greek sentiment yesterday, this seemed to be driven by headlines that both sides had agreed to actively pursue negotiations starting Thursday with the target of getting a preliminary deal done by May 3rd with the idea being for the finance ministers to sign off on the accord at the May 11th meeting (Bloomberg News)”.
“This seems too good to be true at the moment but there does seem to be a better tone to negotiations at the moment although Eurogroup chief Dijsselbloem kept the pressure on by suggesting that the Greek government should spend less time on interviews and more on avoiding abyss. The stakes remain high”.