Greek leaders were in talks Tuesday over the final terms of a 130-billion euro second bailout, the Financial Times reported. “We’re confident of getting an agreement within the day,” said a government official in the FT story.
Meanwhile, protests in Greece against austerity measures turned violent amid a strike.
“If investors thought the Greek talks were going to collapse, financial markets will be a lot weaker than they are,” Michael Sheldon, chief market strategist at RDM Financial, told Reuters. BYet “a lasting solution continues to be something that is hard to come by.”
Global X FTSE Greece 20 ETF