Base Case Becomes Grexit; Contagion?
• http://globaleconomicanalysis.blogspot.comAt long last the deniers have thrown in the towel. Grexit is now the base case as Europe Braces for Messy Greek Endgame.
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At long last the deniers have thrown in the towel. Grexit is now the base case as Europe Braces for Messy Greek Endgame.
As eurozone officials prepare for further talks on Greece, investors are sceptical that Athens can agree reforms that will unlock further bailout funds
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The European Commission is looking at making it compulsory for all cars to have common fittings for safety technologies such as breathalysers, but the car industry is resisting a standardised socket which it says would be too costly.
Yes, more Greece, ever more Greece. Well, the focus is still very much there.
Data from the Bank of Greece for March shows net Target2 liability for Greece increased by another €5.27 billion in March to €96.427 billion.
Generally, the IMF is wrong every which way about nearly everything.
The honeymoon is officially over in Greece for the Syriza socialist saviors who, after a series of dramatic pledges to free Greeks from the bonds of austerity have been forced to abandon the very promises which got them elected as the "institutions"
Athens could force pension funds to transfer assets to the government as desperate Greeks tout possibility of delaying IMF repayments
Just days after Russia lifted sanctions on providing anti-aircraft missiles to Iran, Reuters reports that The Greeks are in talks with Russia to purchase missiles for the S-300 defense system.
It was bound to happen sooner or later: moments ago Mario Draghi was attacked by what appears to be a female (non-Greek) protester screaming "End ECB Dick-tatorship" while delivering his prepared remarks.
Greece is getting ready to default on at least some of its debt payments, according to the Financial Times.
The world has truly gone mad.
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Despite being an otherwise staid, traditional news service, the professional banking division of the Financial Times recently released an utterly scathing assessment of the British economy.
With almost 70% of Europeans already believing that Greece is a drag on the EU economy, this morning's statement by Greek Alternate Finance Minister Dimitris Mardas...
Back in 2013, when one cuts through the rhetoric and posturing, what the Cyprus depositor bail-in and subsequent capital controls were all about, was an attempt to confiscate deposits of ultra-wealthy Russian billionaires held the banks of this belov
It's quiet on the eastern front – as quiet as a conflict between world superpowers can be.
With the US dollar hitting multiyear highs against other global currencies almost daily, Americans are in a sweet spot for making international investments. Your US dollars will buy a lot more rubles, yen, and Canadian dollars than they would a year,
Greece is negotiating with its eurozone creditors to get more aid before the indebted government runs out of cash. Here's what Greece owes, when.
EU and Greece running out of time as talks end "in disarray" – again
The chances of Greece leaving the euro area are now 50-50 and the country could go "down the drain," billionaire investor George Soros said.
ECB Exposure to Greece Tops €100 Billion; Greece Out of Cash by April 20 ECB Denies it is Blackmailing Greece
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The Ukrainian Host is stunned... the nationalist soldier is blunt. Good. This is RARE. The Europeans begin asking themselves same question regarding U.S. war trap.
Where is the Greek government going with its approach? Is it heading for a rift with Berlin and the other creditors or kicking up dust before it achieves a compromise?