Financial and stock markets once day with rapt attention to events in Europe. It is no secret that the fate of Greece looks bleak. Deal or not the situation will likely get worse before it get better. Greek banks will remain closed today and capital controls on them will continue.
After the summit, the euro zone in Brussels on Tuesday the Greek government was set up to Friday morning to present detailed proposals for reforms to be allowed a bailout for Greece.
Vienna talks between Iran and its Western partners continue after the two sides failed to reach agreement on the deadline Tuesday. The impasse drags on, even as the US State Department stressed that the two countries have made significant progress in long-standing negotiations over the past 24 hours. Parties have identified a new deadline to Friday. The meeting was followed with great attention by Investors in case of sanctions Iran is ready to release millions of barrels of oil already oversold.
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