European market with support from encouraging news and rumors about Athens.

European currency on Friday traded at a daily volatility of around 0.5%. Logically, the market took a position of waiting for the development of the Greek crisis. Probable is striving important 1.1500 level, although slightly increasing the single currency shows a number of market doubts if negotiations with creditors did not complete successfully.

In an attempt to reduce pressures on the Greek banking system last week, the ECB raised the ceiling of the program ELA. Today will discuss the possibility of a new increase.

On Friday, Putin hinted that can help Tsipras. Gazprom agreed with Greece for the construction of the "Turkish Stream." According to Spiegel, Athens would receive from Russia for future Russian gas transit between USD 3 billion and USD 5 billion. These funds will be obtained immediately, and payment will begin after 5 years, during which time the transit treaty for Europe Gazprom with Ukraine will expire.

Over the weekend, was heard encouraging news. After months of delay, the Greek prime minister on Sunday made a new proposal. The new proposals of Greece were identified as a good base. Rumors giving way to avoid bankruptcy. So the key threat to Europe was temporarily balanced. Guardian suggests (in agreement) extending the rescue program and fresh financing volume of a EUR 18 billion.
European market reacted with an increase in positive rumors.

New Greek reform proposals will be discussed and starting from 13:30. Meeting of eurozone finance ministers. A actual attempt at an agreement which will lead to a final decision and solve the Greek debt crisis ahead of 20: 00h.