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Wednesday, February 8, 2012

Papademos Says Outstanding Issues Remain, EURUSD Slides

Tyler Durden's picture




Another day, another delay, and still nothing is done.
  • GREEK PREMIER SAYS OUTSTANDING ISSUE NEEDS FURTHER WORK
  • GREEK PREMIER SAYS DISCUSSION TO CONTINUE ON OUTSTANDING ISSUE
  • PAPDEMOS SAYS AIMS TO CONCLUDE LOAN TALKS AHEAD OF THURSDAY'S EUROGROUP MEETING
And on the off chance that Greece, gasp, does not actually get something done by the deadline, it means that at tomorrow's meeting the only topic of discussion will be the calorie content in the taxpayer funded pastries. In the meantime, some semblance of reality is creeping back into the EURUSD.

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