Greece is in the process of seeking a fresh round of funding (again)
- The country has at least 7bn EUR of bonds due to mature before August
- The IMF meets next week to discuss the country's debt servicing capacity, with a main focus likely to be the need for debt forgiveness
- Germany is opposed to this
Bloomberg carried a report overnight on the upcoming negotiations. I don't know if it got a run on FXL, here it is if not
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It looks like its time to focus on Greece again