Greece debt deal: Eurogroup meeting on 18th June likely to be the deadline – Danske

FXStreet (Barcelona) - Analyst at Danske Bank, Kristoffer Kjær Lomholt, sees a Greece deal with its creditors unlikely anytime soon.

Key Quotes

“It still does not look like a deal between Greece and the three creditor institutions is near. It now appears that the Eurogroup meeting on 18 June is regarded as a deadline for an agreement. No specific meetings planned today. Comments suggest that the ball is now in Greece's court and that it will have to come up with a credible and detailed proposal before the negotiations can move ahead.”