The pressure is on following Monday’s Eurogroup, where officials urged Greece to adopt all the prior actions in an initial list drawn up by lenders along with more reforms on bank governance by the beginning of next week. In exchange, creditors will unlock a 2-billion-euro loan tranche and release 10 billion euros set aside for the recapitalization of Greek banks. A session of the Euro Working Group scheduled for Monday is to assess whether Greece has met the conditions for funding to be released.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.