Efforts continue to form new Greek Government

Efforts to form a coalition government will continue in Greece today, as politicians work to avoid a second General Election.

It’s reported that the smallest party in the country’s parliament signalled last night that it was ready to join a pro-bailout coalition.

Meanwhile, in Spain, the Government is expected to announce a new round of financial sector reforms later today, after  the Bank of Spain effectively nationalized one of the nation’s largest banks earlier this week.