A Greek deal is possible today – EU’s Moscovici

FXStreet (Edinburgh) - European Commission’s P.Moscovici is convinced that a solution in the Greek front is possible today in light of the Eurogroup meeting and the emergency EU Leaders Summit. He also noted that the Greek proposals submitted over the weekend seem serious enough.

It will be a difficult week for Greece however, with the domestic banking system already facing withdrawals pre-orders totalling €1 billion, and that’s only today.