Forex News –Eurogroup fail to conclude Greek aid deal
Posted on November 21, 2012 at 8:06 am GMTOptimism that a deal would have been made on Greece at the Eurogroup meeting on Monday quickly evaporated. Markets were disappointed to hear that Greece’s international lenders failed for the second week running to agree how to get the country’s debt down to a sustainable level and will have a third go at resolving their most intractable problem in six days’ time. A disagreement between the International Monetary Fund and the European Central Bank means that emergency aid cannot be [..]