Blog: You, us, everyone

Greece stepped-out from the most recent meeting with Eurozone Finance Ministers to discuss the countries financial future. The Greek Finance Minister, Mr Yanis Varoufkis rejected the commission’s plane saying that Greece is willing to extend the current aid program, but on less stringent terms than currently proposed. Moreover, he believes that the current austerity program associated with the aid plan to be excessive. They commented them with “absurd” and “unacceptable”.

Yet, time is running out for Greece. Until an agreement is found, more volatility, both in the stock exchange and in the currency market, is to be expected. Whatever is happening, Greece exiting the Eurozone or agreeing to the proposed plan from the Junker commission, we expect the market and the currency (Euro) to rebound strongly afterwards.