Bank of Spain gov speaking in parliament

  • 3rd Greek bailout may be the most complex

Certainly the most drawn-out

  • Eurozone inflation is far from ECB's target
  • Spain's economy will grow more than 3% this year
  • labour market reforms boosting job creation
  • unemployment may fall to 20% in Q4 2016
  • core inflation to accelerate through 2015
  • Spain has yet to overcome all vulnerabilities in economy

EURUSD 1.1078 near session highs