Good morning! Here’s what you need to know in markets today. Greece failed to reach a deal with Europe. The Greek government said it would not agree to any attempt to extend its current bailout programme, which runs out at the end of February and will leave Greece struggling to fulfil ordinary government functions. Greece wants a six-month loan with no conditions during which time it can negotiate its debt burden, which the eurozone’s finance ministers refused to grant. Greek finance minister Yanis Varoufakis still thinks a deal may be reached within two days. JP Morgan thinks Greek banks run …read more
Source: Business Insider