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Friday, July 24, 2015

Greek bailout talks delayed, as commodity selloff deepens

All the latest financial news, as Athens prepares to welcome the Troika back and mining giants cut thousands of jobs as prices slide againLatest: Talks may not start until MondayQueues at the banks againCopper, gold, platinum keep slidingMining firms slash thousands of jobsEurozone growth hit by Greek worries 12.26pm BST Political leaders lunch at presidential palace for the 41st anniversary of theRestoration of #Greek democracy #Greece pic.twitter.com/H5AZQ6l0Se 12.18pm BST Have negotiations between Greece and creditor institutions been put on hold? “They haven’t arrived yet. There’s been a delay. We don’t know when talks will start but what we do know is that they will definitely start.” “That of course will be a big defeat for the government given that negotiations have moved to Brussels for the past six months but that is what they want, due diligence at a deeper level. Holding talks in a hotel is just not practical.” “I don’t know if it is in the post, so to speak, but if it isn’t already, it is going to be very, very soon.” Continue reading...


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