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Friday, January 30, 2015

Greece awaits meeting with eurozone finance chief

Greek prime minister Alexis Tsipras will meet eurogroup president Jeroen Dijsselbloem as debt negotiation’s begin 8.55am GMT Greek shares are also up slightly, with the ATG index up 1.1% at 741.58.Banking shares are up sharply, adding to the 12.9% rebound on Thursday following heavy losses earlier this week. 8.42am GMT European shares have opened slightly higher this morning, following a late rally on Wall Street last night. 8.26am GMT Just as Greece is trying to win friends and influence people, it appears to be ruffling a few feathers in Europe over Russian sanctions.Reports last night suggested the Greek government was picking its first fight with the EU by delaying agreement on further sanctions against Russia.I was surprised by the statements that were made and the fact that the Greek government looked ready to abandon the common EU line on Russia .It is difficult on the one hand to expect a revised common approach to one’s country, and on the other to be differentiating from the others, particularly as the first move after taking office.CNN posited the view that Greece could be Vladimir Putin’s new ally in Europe: http://t.co/WShRLACtBG #bbcqt pic.twitter.com/yYSJR57AUP 7.59am GMT Good morning, and welcome to our rolling coverage of the Greek election, and other key developments across the financial markets, the world economy, the rest of the eurozone, and business.The main event of the day in Athens should be the meeting between the Greek PM Alexis Tsipras, his finance minister Yanis Varoufakis, and Jeroen Dijsselbloem, the head of the eurozone group of finance ministers.Friday in the afternoon in Athens meeting PM Tsipras, vPM Dragasakis, Mins Varoufakis and Stathakis, co-Min Tsakalotos. (1/2)+/- 4.30 (Greek time) short press statement Dijsselbloem and Varoufakis at Greek FinMin. Accreditation through Greek FinMin. (2/2) Continue reading...


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