Tskalotos out on the wires a short while ago

  • many measures in deal have recessionary effects
  • Greece never said all targets could be achieved
  • to take time to see if deal is "economically viable"
  • will know final deal in 4 weeks

Meanwhile Spanish PM Rajoy says he will put his position on Greek accord to parliament. No time specified

EURUSD 1.1022 after 1.1036 highs EURGBP up through 0.7050 to post 0.7069 on weaker UK wages data but back to 0.7052 now