Greek PM Mitsotakis: Not enough progress to reach agreement

While speaking to reporters on the third day of EU leaders' talks on budget and recovery fund, "we made not enough progress to reach an agreement," Greek Prime Minister Kiriakos Mitsotakis said on Sunday.
"I hope today we can break the deadlock," Mitsotakis added. "We're facing an unprecedented economic crisis, we cannot afford to appear divided or weak."
Market reaction
If EU leaders end up finishing Sunday's talks without a deal, the shared currency start the week on the back foot and weaken against its major peers, especially the USD. Last week, the EUR/USD pair gained 1.13% and closed at 1.1430.
Author

Eren Sengezer
FXStreet
As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

















