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Message: [QUOTE="Vistabrokers, post: 85681, member: 32993"] [b]Vista Brokers: Greek Saga Continues[/b] [img]http://www.hostpic.org/images/1507011638130087.jpg[/img] The situation in Greece continues to have a significant impact on all financial markets. Vista Brokers analysts say that on Wednesday it became known that Athens had agreed on almost all the conditions of international creditors. The Financial Times has published information according to which the Greek Prime Minister Alexis Tsipras was ready to accept a reform plan with only minor changes. This gives hope that the "troika" will approve a new program of financial aid, which Greece had requested on Tuesday, a few hours before a technical default (non-payment of 1.6 billion euros to IMF). European stock market and bonds of peripheral euro zone countries reacted to the news with the growth. Thus, FTSEurofirst 300 index has increased by 1.5%, while the Euro STOXX - by 2.1%. The yield on German 10-year bonds has risen by 4.3 basis points to a day high of 0.82%. The yield on similar bonds of Spain, Italy and Portugal have declined by an average of 7 basis points to 2.22%, 2.25% and 2.90% respectively. Meanwhile, the euro continues to fall against the dollar and other competitors. At the time of writing it is at $ 1.1105. The decline was aggravated after the International Monetary Fund officially declared that Greece had failed to make payment, so now it is included in the list of debtors and will not receive funding until paying off the debt. Thus, Greece became the first developed country in the list of debtors IMF, where previously were only non-developed countries, such as Zimbabwe. Hope for a new loan for Athens still exists - as mentioned above, the country has requested a new bailout program and debt restructuring, but did it too late, so that the payment of the IMF has turned out to be expired. On Sunday the country will hold a referendum, after which, perhaps, the negotiations will continue. In any case, Greece - is a constant source of inconvenience in financial markets since the crisis situation casts doubt on the stability of the euro zone and its currency. [/QUOTE]

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