Another nail in the coffin of Greek E.U. membership – Blueprint Capital

FXStreet (Barcelona) - The Blueprint Capital FX team comment on the key developments in Greece and the reform related disagreements between the Greeks and its creditors.

Key Quotes

“Greece woes continue. In an attempt to avoid running out of money whilst talks with its international creditors drag on, the Greek government is forcing public sector bodies to hand over their cash reserves. This potentially represents another nail in the coffin of Greek E.U. membership.”

“Disagreements still remain over privatisations, labour market reforms and pension cuts with the left wing Syriza party not wanting to agree to further liberalisations of the labour market such as reducing the minimum wage.”