A new offer by Greece to somehow mollify economists at the European Union has sparked a buying party on the North American markets. Both New York and Toronto are up but many may be cautious. There is flimsy information on this hoped for deal. Another day or two may be needed to see it’s real. Eurozone finance ministers left a meeting with Greek officials optimistic over Athens’ offer, with talk of more work ahead to achieve a potential deal this week. The ministers agreed to reconvene before the week is over, after Greece thrashed out details with its international creditors the European Commission, the European Central Bank and the International Monetary Fund.
