Greek PM: We prefer European solution to Greek problems
But, if borrowing costs too high could seek other solutions. We’ve been here before.
Papandreou has been meeting with European Commission President Barroso.
Barroso for his part says we shouldn’t speculate about timing of Greek aid. Commission to propose reinforced EU economic policy cooperation next month. Greece hasn’t asked for help, but Commission actively working with member states to design aid mechanism for Greece.

AUTOREFRESH 













Onwards and upwards
http://www.telegraph.co.uk/news/worldnews/europe/latvia/7466920/Latvia-government-collapses-amid-economic-crisis.html
Gerry/Jamie, the EUR/USD is nearing the point that I believe (about 4 hours ago) the BIS was buying the pair. See any signs that the BIS is still lurking around EUR/USD 1.3720/30?
we prefer greek solutions…