Quotes from Nordea Markets:
-Greece and the Eurogroup reached a preliminary last minute agreement on Friday that extends the bailout with another four months. A first list of measures suggested by Athens will be presented later today, and thereafter reviewed by the institutions known as the "troika".
-If the measures would not be considered a "valid starting point", another meeting of finance ministers will be held on Tuesday. However, it does appear as if the Greek stance has softened and we believe that the near-term risk of a Grexit has receded.
