Progress towards Greek coalition government; G20 communique hint EZ fiscal union done

[Ramon Ramirez]

Greece is set to have a new coalition government according to ANA. New Democracy, PASOK and Democratic-Left will form the coalition and Antonis Samaras would be the Prime Minister.

 

Samaras, Venizelos and Kouvelis meet on Tuesday in the New Democracy headquarter as reported by Reuters, with the outcome being of 50% agreed, apparently. Parties will continue discussions at 1pm Greek time on Wednesday.

 

On the other hand, in a news published by CNBC, the European Union would have accepted to renegotiate with Greece the terms of the second financial bailout because the original has become outdated according to Eurozone official.

(fxstreet)