Greek FinMin Varoufakis will ask Eurogroup for bailout extension of few weeks

FXStreet (Córdoba) - Greek finance minister Yanis Varoufakis will ask Eurogroup for bailout extension of few weeks to accommodate referendum, Reuters reports.

Jun 27, 2015

Schauble: Greece seems to have ended negotiations

Germany’s finance minister, Wolfgang Schäuble, told reporters covering Eurogroup meeting in Brussels that Greece has decided to end negotiations. He said there are no basis for further talks with Greece.

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Jun 27, 2015

PBoC cuts interest rates and RRR to support economy

The People’s Bank of China cut interest rates on Saturday and also lowered the amount of reserves certain banks are required to hold (RRR) in and attempt to underpin the economy.

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