Tags » Mario Draghi

GREECE LATEST: HUGE GREEK BANK OUTFLOWS, EURO FALLING AGAINST THE £, BUNDESTAG BACKS GREECE MEMORANDUM

If the Varoufakis memorandum ‘deal’ is so respectable, why do none of the players, or their Party bigwigs, or the markets, like it?

There’s a piece in the online magazine… 719 more words

Angela Merkel

20€ NOTES

EUR / USD remained practically stable after the speech of Fed Chairman.

Janet Yellen said the Fed will not rush in rate hikes.

Decisions will be taken from “meeting to meeting” which indicates that the pair will continue to oscillate laterally in the short term. 157 more words

Waiting the conferences

Tomorrow will be an intensive work day. In the morning inflation data about the European Union and the Great Britain will be released, but the focus is on the three conferences that will take place during the day. 146 more words

News

BERLIN OUTRIGHT REJECTION OF SYRIZA LOAN EXTENSION PROPOSAL

Athens sources: Greeks plan to default inside Eurozone, Merkel seen as having “fallen into bear trap”

Whichever way you cut it, the only thing the Greek Government has done is to reveal an insoluble split at the heart of the European Union. 302 more words

Angela Merkel

Why Invest in Europe (FX Hedged)?

  • Leading indicators show tentative signs of stabilization (relative PMIs), and there is still substantial pent up demand (savings ratio of 13% and net investment is 1/3 its normal levels).
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Big Picture View

EUROSUMMIT BREAKDOWN: Who did what and why

As one Troika dies, another is born

Practically every Western press title and news bulletin this morning uses the word ‘defiant’ in relation to Greece’s rejection of the New Troika’s terms, and it isn’t a compliment. 518 more words

Mario Draghi

Behind The Global – Game Of – Thrones

by Raúl Ilargi Meijer

Greek PM Alexis Tsipras yesterday laid out Syriza’s stance, and from what I saw he didn’t pull even one punch. Despite all the suggestions from the financial press throughout the past week that Tsipras and Varoufakis reneged on campaign promises to seek debt write-downs, they didn’t, and never have – other than perhaps in semantics. 922 more words

Greece