Greek Bailout to Head Eurogroup Agenda

Concerns that Greece is not making enough progress to meet the conditions of its third international bailout is heading the agenda of a meeting of euro zone finance ministers on Friday.

The Eurogroup, which is meeting in Bratislava, Slovakia, will decide whether Greece has been doing enough to meet the “the milestones agreed in its financial assistance program,” the European Council said on its website.

The conditions of Greece’s third 86 billion euro ($96.9 billion) bailout include a number of measures and reforms that the left-wing coalition government led by Alexis Tsipras has committed to implementing in order to address its current economic challenges.

via CNBC

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza