Still waiting, that’s how. Short-term funding for Greece was agreed over the weekend but the next big bailout hangs in the balance, awaiting a Greek vote to adopt additional austerity measures.
All eyes will be on tomorrow’s confidence vote in the Greek parliament.
Still in financial limbo is how we’re left, it looks like to me…
The market is getting short-term lift that the guarantees provided by the EFSF will be nearly doubled over time, which could help contain contagion down the road.