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Monday, June 29, 2015

Spain's economy minister says still time to reach agreement on Greece

Spain's Economy Minister Luis de Guindos said on Monday there was still time to reach an agreement on Greece, with the final deadline on the country's current credit lifeline due to run out at midnight on Tuesday. The Greek program runs out at the end of the day on Tuesday, so we still have 48 hours and I think there can still be talks and, as such, I don't rule out that there can be an agreement," de Guindos said during a radio interview. Spain's return to economic growth after a long downturn and restructured banking sector were the country's main defence against any potential contagion from the Greek crisis, de Guindos added.


READ THE ORIGINAL POST AT uk.news.yahoo.com