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EUR review

Quotes from RBC Capital Markets:

-EUR: Reuters has published the full Greek letter of measures - it avoids the most contentious issues and should be approved. Handelsblatt reports that German finance minister, Schaeuble, has requested the Bundestag approves the four-month bailout extension for Greece if the EC/ECB/IMF assess that the reforms have the basis for completion of Greece's programme.

-Eurogroup finance ministers are scheduled to hold a teleconference at 9am ET which, alongside news of Schaeuble's request for a vote in the German parliament, indicates to us that agreement is likely to be reached. Things could flare up again by late April (the deadline for more detailed measures) but for now it feels a ceasefire is in sight. Final EZ Jan CPI and final Q4 German GDP were unrevised.

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