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Eurogroup conference call ends, extension of Greek programme not possible

FXStreet (Córdoba) - Eurozone finance ministers finished their teleconference call. Tweets from Finland’s FinMin, Alex Stubb, suggest Greece’s request for short bailout extension was rejected.

“#Eurogroups ends. Letter of @tsipras_eu includes three requests. Extension of programme or haircut not possible...cont…” @alexstubb

“...request for ESM-programme is always dealt with through normal procedures” @alexstubb

According to media reports, Eurozone finance ministers are likely to speak again tomorrow.

Meanwhile, Eurogroup head Jeroen Dijsselbloem said institutions will debate the request for a third bailout program only following the referendum but warns new aid package for Greece may have tougher conditions.

AUD/NZD post highest close since 2013

Weak data from New Zealand pushed AUD/NZD further to the upside. Price jumped above 1.1300 and peaked at 1.1390, hitting the strongest level since November 2013.
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