• Greek govt's new reforms must have financing
  • not time to talk with Greece re debts
  • if one country leaves the Eurozone, questions will arise as to who is next
  • re third bailout programme "lets wait and see what happens"

EU financial supremo on German radio

  • expects "ambitious" French reform plans in April
  • EU decision to give France more time to reduce deficit was unanimous
  • France must make efforts to improves 2015 budget
  • Germans not in favour of sanctions for France

EURUSD 1.1202, EURGBP 0.7262 EURJPY 133.60