European Commission and Greek Stock Market

country Greece running: The chief spokesman for the European Commission said the EU executive was studying the suggestions but officials privately poured cold water on the Greek plans, according to The Independent. Read more:Tsipras slams EU demands as 'unreasonable'Debt crisis kills businesses across the country Greece running out of time to agree aid deal What has been submitted is not sufficient to move the process forward one told Reuters. The Greek stock market had jumped 2 per cent on hopes of an imminent deal. Another told the news agency that the Greek plans were not sufficient and not acceptable to member states . Mr Tsipras is due to meet the German Chancellor, Angela Merkel and the French President, François Hollande on Wednesday. Business news in pictures We will do everything to keep Greece in the eurozone but our patience is running out said the Finnish Finance Minister, Alexander Stubb. Greece needs to repay the International Monetary Fund €1.6bn at the end of the month, having made the surprise decision last week to bundle all the payments due over June. (news.financializer.com). As reported in the news.