As Greece put forward its latest idea for a deal stocks slightly rallied but once Berlin said 'nein' the slipped back. The euro dropped 0.3% to $1.1358 which is good news for tourists from non-Eurozone countries visiting Europe but terrible news for countries that use the Euro such as Spain, France and Greece.
Germany quickly refused the latest suggestion from Greece as it "fails to fulfill conditions of an EU/IMF bailout program" but is there any variance on the original deal that will suit both countries? Marketwatch Financial Post
2 Comments
Dava Castillo
2/19/2015 01:35:46 am
Thank you for the report Eileen.
Reply
Eileen
2/19/2015 06:37:13 am
Thanks Dava
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