HomeNewsBusinessMarketsGreek bailout minor milestone towards resolution: Citi

Greek bailout minor milestone towards resolution: Citi

The market reaction has not been overwhelming. The euro has ticked up to almost 1.33 to a dollar, where it was last week or so. In other words, a large part of the goods news has already been priced in, John Woods of Citi.

February 21, 2012 / 12:40 IST
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Eurozone finance ministers struck a deal early on Tuesday for a second bailout programme for Greece that includes new financing of 130 billion euros. The deal, which aims to cut Greece's debt to 121% of GDP by 2020, was on expected lines, says John Woods of Citi.

first published: Feb 21, 2012 10:18 am

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