• deal should include pension and judiciary reform as well as new tax and customs commission

Varou who? Oh yes the Greek fin min who still has a job and who claims to be in charge of negotiations even though others think differently. Speaking at the talks in Brussels

  • post-June deal should include investment package for Greece
  • should be a way to swap legacy Greek debt held by ECB for new deal

Throwing good money after bad then

  • bad bank needed to unclog banking system, a development bank linked to privatisation of state assets
  • keen to introduce debt,deficit break

Meanwhile the euro is still in retreat with EURUSD posting session lows of 1.1295 and EURGBP 0.7427