Update: according to Capital.gr, the preliminary agreement covers the following points:
That said, according to the FT, there are still many details left to be decided despite the Greek agreement in the pre-meeting negotitations. To be sure, this wouldn’t be the first time all parties had agreed on a draft, only for that draft to be replaced in the last minute.
Just minutes after convening – following a few hours of backroom shuttle diplomacy, Bloomberg reports:
US equity and EURUSD markets are exuberant… We wonder how much mutiny Tsipras will face back at home…
The initial exuberance is fading fast…
The moment the news boke:
World-wide stock index futures, bonds and currencies respond to 12:35:04 news: pic.twitter.com/LpjHvyUUoB
— Eric Scott Hunsader (@nanexllc) February 20, 2015
#Eurozone official says common text agreed in pre-meeting sessions that will now be presented to full #eurogroup
— Peter Spiegel (@SpiegelPeter) February 20, 2015
Good luck trading.
