Tag: Grexit

February 20, 2015 BY Maria Nikolova

Greece gets four-month rescue extension, euro seems to like it

A press conference following Eurogroup talks has just concluded, with what was initially dubbed as meager speculation now officially confirmed – an accord has been reached among eurozone finance ministers to extend the rescue programme for indebted Greece. Christine Lagarde, managing director of the International Monetary Fund, commented on the terms of the agreement, shedding light on…

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February 20, 2015 BY Maria Nikolova

EUR edges higher amid speculation of agreement on Greek deal

The eurozone currency managed to recover some losses this evening amid reports that a preliminary agreement was reached during talks of Eurogroup members on a Greek deal. Bloomberg quoted a Greek government official saying that an agreement might have been reached today and the deal would see the Greek rescue program extended beyond the end of…

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