Looks like they’ve wrapped up the Eurogroup finance ministers meeting as the Dieselbomb speaks to reporters. He says the Eurogroup welcomed the aid exit decision and that any Greek debt relief will be considered in context of next review. He also presented the final proposal on direct recaps. Lucky him. The precautionary recaps will be subject to state-aid rules. He says the eurozone bailout fund could directly invest in banks in 2015 after 8% of liabilities are bailed in
And here come the rest of them;
- Portugals Albuquerque says they have the financial clout to meet 1 year funding needs and that their Eurogroup partners supported Portugals exit decision
