Greece remains the focus of attention – DB

FXStreet (Edinburgh) - According to analysts at Deutsche Bank, Greece should submit an acceptable list of reforms by April 20th, ahead of the key Eurogroup meeting on April 24th.

Key Quotes

“Greece will likely continue to be front and centre this week as markets hope to see some progress over its structural reform measures”.

“In the mean time, a report over the weekend in German newspaper FAS certainly attracted its share of attention”.

“The report painted a fairly bleak picture on progress so far, suggesting that Eurozone officials were disappointed and shocked at the Greek government’s lack of progress and movement in its plans, particularly around discussions on the reduction of public service pensions”.

“The report also appeared to confirm earlier suggestions that Greece’s creditors had given Athens until April 20th to present an acceptable list of reform measures, giving the EC, ECB and IMF time to assess the proposals ahead of the EU finance ministers meeting in Riga on April 24th”.

“Technical teams from both the Greek and European side are due to reconvene for talks this week. This story seems to be never ending but at some point soon it will come to a head”.