- No possibility of Greece leaving euro zone
- Expects no gifts from EU, only fair treatment
- Knows Greece needs major changes and will make them
- Systemic corruption, tax evasion among Greek problems
- Plans to bring budget deficit below 3% of GDP in 4 years
- Greece will live up to its obligations.
- Greece is not Dubai, has responsible government ready for change
- PM fully supports his finance minister’s deficit reduction plans
The comments have further helped support EUR/USD. Stops have been triggered through 1.4745 and we’ve been to 1.4758 so far. Next resistance 1.4780.
