Russia buys record amounts of gold http://ow.ly/IbvNl
The cut in real per capita govt spending experienced by Greece between 2007 and 2014 was 24% - Peterson Institute
How Greek Citizens Saw Their Government Services Curtailed http://blogs.piie.com/realtime/?p=4771 … ht @nicolas_veron
Greece: end of 2013, official creditors accounted for about 94% of total loans due to non-residents (@Bruegel_org )
#Russia FinMin Siluanov considers giving financial help to debt-ridden #Greece. http://cnb.cx/1BuOBrG
#Greece's FM Kotzias: #Russia sanctions created financial problems in Greece. Proposal that imposed new sanctions on Russia was removed.
Is The Swiss Franc Tumbling Due To Month-End SNB Window-Dressing? http://www.zerohedge.com/news/2015-01-29/swiss-franc-tumbling-due-month-end-snb-window-dressing …
"Costs" - US WARNS RUSSIA OF NEW CONSEQUENCES: AFP
Ukraine Is "Pressing" Obama For $3 Billion In Financial Aid http://www.zerohedge.com/news/2015-01-29/ukraine-pressing-obama-3-billion-financial-aid …
Miners protest Yatsenyuks gov in #Kiev yesterday: No pay for months, soon they'll beat more than helmets #Ukraine http://youtu.be/98VRl9nZfds
OHHH-OOHH.... Germany slumps into deflation in January http://on.ft.com/1KaplM3
#Germany CPI (MoM) Jan P: -1.00% (est -0.80%; prev 0.00%), (YoY) Jan P: -0.30% (est -0.10%; prev 0.20%) | "Non-inflation" ;-)
HAHAHA, Belarus prez Lukashenko tells investors to "please calm down", he meant to say "refinance" not restructure....
Belarus Leader Says He Meant ‘Refinance’ Not ‘Restructure’ Debt. Oh, everyone makes that mistake
#Ukraine hires Lazard to assist with debt restructuring, Dow Jones reports. 5yr default probability remains >85%.
In trial balloon news:
- BELARUS MAY SEEK DEBT RESTRUCTURING, PRESIDENT SAYS - BELARUS FINMIN NOT CONSIDERING DEBT RESTRUCTURING: WEBSITE
RECORD KLAXON. German 30-year bund yield falls below 1% http://on.ft.com/1LkCbuj
UK 10 year government bond yield hits new record low of 1.406
Leaders of Germany’s ‘anti-islamisation’ movement resign #PEDIGA: http://openeurope.org.uk/daily-shakeup/greek-market-slumps-despite-greek-pm-insisting-not-want-clash-europe/#section-7 …
Germany set to slip into deflation today.... http://on.ft.com/1Lkovj0
Slight rebound in #Greece markets this morning, long way to go to erase past few days though
#Greece Dec credit contraction at 3.1% YoY from 3% in Nov. Net deductions at €234 mln in Dec from €171 mln in Nov. #economy #banking
Albert Broomhead retweeted
#ECB's Coeure suggests lenders may accept "different reforms from ones expected" in #Greece. The way in for #SYRIZA? http://www.ecb.europa.eu/press/inter/date/2015/html/sp150129.en.html …
Carney of the #BoE calls for fiscal union in the Eurozone: http://openeurope.org.uk/daily-shakeup/greek-market-slumps-despite-greek-pm-insisting-not-want-clash-europe/#section-2 …
Polish Foreign Minister argues sanctions on #Russia shld be extended - while #Greece accused of holding them up: http://openeurope.org.uk/daily-shakeup/greek-market-slumps-despite-greek-pm-insisting-not-want-clash-europe/#section-1 …
#Greece Athens market on a rebound: +2.82%, banks +13.8%!
#Juncker: 'No question of writing down Greek debt - There can be no democratic choice against the European treaties." http://openeurope.org.uk/daily-shakeup/greek-market-slumps-despite-greek-pm-insisting-not-want-clash-europe/ …
EP Pres #Schulz to @ZDF: Greece cannot demand solidarity from Europe and then split joint EU position on Russia. http://openeurope.org.uk/daily-shakeup/greek-market-slumps-despite-greek-pm-insisting-not-want-clash-europe/ …
German FinMin Wolfgang #Schäuble: “If [Greece] don’t want any more aid, we won’t force any upon them.” http://openeurope.org.uk/daily-shakeup/greek-market-slumps-despite-greek-pm-insisting-not-want-clash-europe/ …
German FinMin Schäuble says Dijsselbloem “does not have a mandate” to negotiate for Eurozone ahead meet w/ Tsipras: http://openeurope.org.uk/daily-shakeup/greek-market-slumps-despite-greek-pm-insisting-not-want-clash-europe/ …
Raiffeisen Bank International is "definitely” not in talks with Austria to get new state aid: CFO
Greek bonds clobbered after S&P warning http://on.ft.com/1K9DKbl
Russia considers creation of ‘bad bank’ to aid financial sector - http://FT.com http://on.ft.com/1JGvJMq via
Lukashenko rules out possibility of 'Maidan' in Belarus http://tass.ru/en/world/774098
#BREAKING Belarus bonds in free fall
#Italy secures record Low 5-, 10-Year borrowing costs at Auction. Sold €3bn 2019 BTP at 0.89%, €1.75bn 2020 BTP 0.87%, €3.5bn 2024 BTP 1.62%
French EconMin: Europe Faces "Religious War" Between Northern, Southern Economies. (DJ)
What the...?? BBG quoting Lukashenko: BELARUS MAY SEEK RESTRUCTURING OF DEBT PAYMENTS THIS YR
#Greece Dec Producer Price Index -5.7% YoY and -3.4% MoM. 12-month trailing index -1.2% (ELSTAT). #economy
"A question of respect (or lack thereof)…–the Greek veto over
#Russia that never was" by @yanisvaroufakis http://yanisvaroufakis.eu/category/missives-from-syntagma-square/ … #EU #Greece
The issue is whether our view can be taken for granted without even being told of what it is! From my perspective, even though (let me state it again) I am certainly not qualified to speak on foreign affairs, this is all about a question of respect for our national sovereignty. Could journalists the world over try to draw this important distinction between protesting our being neglected from protesting the sanctions themselves? Or is this too complicated ? "
Lukashenko says Belarus may leave EEU if others default on agreements http://tass.ru/en/economy/774076 …
Turkish PM hails central bank move, expects further rate cut http://english.alarabiya.net/en/business/2015/01/29/Turkey-s-lira-slides-on-rate-cut-expectations.html …
Raiffeisen CFO says new state aid would be "nonsense"
Greek markets crash on gov’t pledges http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_28/01/2015_546624 … #greece
Graeme Wearden retweeted
Italy (indirect) presidential election begins today. 1009 electors; First three votes require 2/3 maj. Simple maj. from 4th; Secret ballot.
Renzi's (first) candidate for Italian President is Constitutional Court judge Sergio Mattarella. No deal with Berlusconi for now. #Italy
S&P puts Greece on watch for downgrade after sizing up new coalition http://shar.es/1bN6r5
#Greece #economy #markets
Israeli cyber-analyst reveals: Islamic State uses Bitcoin for fundraising http://htz.li/1wI
Manhattan district attorney Cyrus R Vance Jr has said regulated exchanges would be beneficial for law enforcement http://coinde.sk/15Pqkn7
Poland Banks Start Crackdown on #Bitcoin https://www.cryptocoinsnews.com/bitmarket-bitcoin-exchange-loses-banking-connection-polish-banks-start-crackdown-bitcoin/ …
The latest Bitcoin Price Index is 230.93 USD http://www.coindesk.com/price/
Greek debt crisis rears its ugly head: Who has the most to lose? http://cnnmon.ie/18xraH6
Any growth-based loan repayment scheme would have to include a comprehensive reform package to ensure growth. Will Syriza hardliners accept
It is obvious the Greek gov tries to move out of the corner. Major road block: The extension of the bailout agrmnts. Hardliners won't accept
1. Growth-based loan payments 2. Lower primary surpluses yet balanced budgets
Greek market jitters evident as investors dump shares and bonds http://shar.es/1bNcho
#Greece #economy #markets
Will Greece's new order lead to changing of guard across Europe, asks @BBCMarkMardell http://bbc.in/1tvY4RB
Tsipras' socialist paradise in Europe is very costly for investors. #Greece's stock market has lost €12bn in value.
Shell to cut investment by $15bn over next 3 years because of falling oil prices - company http://bbc.in/1EQXe3g
German 10yr Bund yields just hit fresh low at 0.33% following the #Japanification script drafted in the 1990s.
New Greek FM to address dispute with EU on Russian sanctions http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_28/01/2015_546622 … #greece
Tsipras tries to strike balanced tone in first cabinet address http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_28/01/2015_546615 … #greece
Templeton's Hasenstab sees $3bn vanish in #Ukraine as One Big Bet Sours. http://www.bloomberg.com/news/articles/2015-01-29/hasenstab-sees-3-billion-vanish-in-ukraine-as-one-big-bet-sours …
New day same old song: #Russia Ruble weakens vs Dollar on familiar refrain of more sanctions, weak oil & uncertainty.
Greek bonds going a bit crazy this morning - GR 10y yield down 185bps in early trade
Moody's: #Greece’s election result is credit negative for Greek banks, sees deposit outflows >€12 bln in Dec-Jan. /via @ManosGiakoumis
Oil Trades Near Six-Year Low Amid Surging US Crude Stockpiles. http://www.bloomberg.com/news/articles/2015-01-29/oil-trades-near-six-year-low-amid-surging-u-s-crude-stockpiles …
Members of German Advisory Panel criticizes TTIP. Agreement represents infringement of state sovereignty. http://www.welt.de/wirtschaft/article136885347/Jetzt-fallen-Gabriel-die-eigenen-Leute-in-den-Ruecken.html … via @welt
Bank of England governor attacks #Eurozone austerity. Urges Eurozone to spend its way out of stagnation. http://gu.com/p/45acb/stw
European unity on Russia sanctions crumbling: #Cyprus complains over EU sanctions statement against #Russia. http://www.china.org.cn/world/Off_the_Wire/2015-01/29/content_34680354.htm …
Alarm bells ring over Syriza’s Russian links. Pol & security implications in Europe are only now dawning http://on.ft.com/1HecZWZ (via TimAsh)