Not especially affected by Greece
- doesn't expect spillover or contagion
- Greek non payment to IMF today is not automatic default
Is it me or this bloke making the most of his time in the limelight ?
- says euro working group meeting twice a day by teleconference to monitor situation
- not very optimistic on further Greek talks despite efforts to get Athens back to the negotiating table
EURUSD now down through decent support/bids at 1.1150 dragging EURGBP to 0.7085 support area and EURJPY to 136.00. Euro pairs generally suffering a similar fate this morning
Austrian fin min Joerg Schelling enjoying his time in the sun