So says a Greek fin min official on Reuters

More detail to follow

Euro less than impressed for the moment

EURUSD 1.0969 EURGBP 0.7045 EURJPY 136.84 all still near session lows

Update:

  • Katherimini tweeting that Greek govt sources say that following all night talks Greece and its creditors have reached an agreement on third bailout
  • Greek govt official Mihopoulos tweets talks have completed. Details remain to be released and two or three points still pending
  • Senior fin min official says Greece agrees with lenders on function of privatisation fund and admin of bank non performing loans
  • technical teams will discuss details on prior actions for bailout

Looks like the good news is priced in given the reaction,. Plus markets will be waiting on final details