Currency Note Euro

Yet another deadline for Greece

By Ricky Bean March 30th, 2015

The Euro has been enjoying a renaissance over the last couple of weeks strengthening against the US dollar and sterling.

Today we have yet another meeting between the Greeks and their key lenders. Hopefully the list of reforms is close to being agreed as Greece is fast running out of money and desperately needs the next tranche of bailout funds.

Key data releases this week centre around inflation and employment. After February’s surprise reduction in deflation to -0.3%, expectations are for another improvement in March to -0.1%. Unemployment for the Eurozone is expected to hold at 11.2%.