“There’s is no actual need for” a bailout he said, after a meeting of finance ministers in Brussels to review Greece’s plan to trim the EU’s biggest budget shortfall.
“Greece has not asked for a bailout.”
Just because they haven't asked for money doesn't mean they don't need it. Bailouts don't have to be public or officially recognized.
As a result of the today's "good" news, the risk trade - stronger gold, Euro, Kiwi, etc., and weaker dollar is back on. Nothing, other than the daily rhetoric, has changed in the EU or US Union.
Source: bloomberg.com
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