Sign into fxTrade

Don't have an account? Register now

Greece Forced to Wait for Next Rescue Payment

Despite protestations that the next bailout payment is needed by the middle of the month in order to make the next round of salary and pension payments, Greece has been told it must wait until early November. The meeting scheduled for October 13th where it was expected the payment would be approved has been canceled.

Eurogroup chairman Jean-Claude Juncker told a group of European finance ministers that Greece will be able to meet upcoming payments and there will be no issues delaying the next payment until early November.

Source: BBC News

Recent Articles

Posted by Staff at 7:16 am UTC, 05/24/2012
Posted by Dean Popplewell at 6:32 am UTC, 05/24/2012
Posted by Dean Popplewell at 9:37 am UTC, 05/23/2012

Forex Insights »

Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 11:29 am UTC, 05/24/2012
Posted under USD, EUR, CHF at 9:58 am UTC, 05/24/2012
Leave a Comment

Latest Articles

Posted by Staff at 7:16 am UTC, 05/24/2012
Posted by Dean Popplewell at 6:32 am UTC, 05/24/2012
Posted by Dean Popplewell at 9:37 am UTC, 05/23/2012
Forex Rates
Interest Rates

Some of OANDA's currency tools require Adobe's Flash Player.

May
24
Today’s Global
Market Events
8:30am

CAD
Corporate Profits q/q
9.0%
USD
Core Durable Goods Orders m/m
1.1% vs. -0.8%
USD
Unemployment Claims
372K vs. 370K
USD
Durable Goods Orders m/m
0.5% vs. -4.0%
9:00am

EUR
ECB President Draghi Speaks
EUR
Belgium NBB Business Climate
-10.6 vs. -10.7
10:30am

USD
FOMC Member Dudley Speaks
USD
Natural Gas Storage
77B vs. 61B
1:00pm

USD
FOMC Member Dudley Speaks
3:00pm

USD
Treasury Sec Geithner Speaks
7:30pm

JPY
Tokyo Core CPI y/y
-0.5% vs. -0.5%
JPY
National Core CPI y/y
0.1% vs. 0.2%