Markets confident of timely Greek deal

Both creditors and the Greek government were under intense pressure from the IMF and dissident members of Syriza on the terms of the deal to unlock funds in Brussels.

The markets, however, appeared to be confident they would agree in time for the eurozone finance ministers meeting this evening as spreads between Irish and other bailout countries’ bonds and Germany’s narrowed.

Greek citizens seemed to be a little more reassured as the withdrawal of funds from banks appeared to ease slightly as the ECB increased emergency liquidity by just under €1 billion for the day.