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Weekly review: Same game – same players – same results until now

26 June 2015 Konstantin Meinhardt

The Greek drama continues. There were several rounds of debt talks between Athens and its lenders, but there is still no deal. The procedure is the same: the Greek provides a proposal. First comments by EU officials are optimistic. But they say that they need time to check a proposal closely. Later they say that a proposal is not enough.

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Market focus

  • Germany: ZEW Indicator of Economic Sentiment rose sharply in March
  • UK unemployment rate unexpectedly dropped to 3.9%
  • UK Brexit secretary Barclay: now in a situation where we need an extension to Brexit
  • Switzerland's trade surplus rose in February

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