• Eurogroup ready to reconvene once review of Greek reforms by international lenders is complete.
  • Says to monitor situation of Greek talks ‘closely’.
  • Says ‘impressed’ by Greek government on reform.
  • Says Encourages Spain to implement fiscal consolidation.
  • Spain financial program on track.
  • State aid to Spain banks less than capital shortfall.
  • Says Portugal on course for EU4.3 bln. disbursement.
  • Says Eurogroup agreed on need to speed Cyprus aid talks.

EUR/USD going nowhere fast at 1.2964/69.