EU vice-president and commissioner for the euro/social dialogue out on Bloomberg
- moderate recovery seen in Europe
- ECB needs to meet its inflation target
- EU Commission wants tighter fiscal co-ordination
Meanwhile EU spokesperson Schinas has this to say on Greece
- EU welcomes adoption of Greek legislation
- EU able to take decisions for next steps on Greece
EU negotiators have been in Athens all week working on steps 1&2 of the first review of the latest bailout agreement
Keep up at the back ! Yes, it is very much on-going drawn-out process in no danger of being completed anytime soon
Euro still trading tightly
