Thursday, 1 March 2012

Action Forex

Action Forex

Eurogropup to make final decision on Greek bailout

Posted: 01 Mar 2012 06:45 AM PST

European markets rose on Wednesday buoyed by the ECB’s refinancing operation, conducted the previous day, which provided 800 European banks with 529.5 billion euros at 1% interest. Now investors are awaiting the Eurogroup meeting which will be held in the afternoon in Brussels. The main topic to be discussed is the Greek rescue plan. Initially, the increase of the ESM, the EU permanent rescue fund, was also
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