Saturday, January 17, 2015

Europe's flashpoints ( January 17 - 18 , 2015 ) - Greece , Russia / Ukraine , Switzerland and ECB in Focus !


http://www.macropolis.gr/?i=portal.en.the-agora.1673


Source: Data is from the draft budget for 2015 submitted by the Greek government to parliament in October 2014. Data on the share of outstanding Greek bonds being held by the ECB as a result of its secondary market purchases of sovereign debt in 2011/12 is not made publicly available by the ECB.





Tweets - 1/18/15....


~: [Draghi's QE plan] "lowers the credibility of the as the central bank for the whole area"




No debt relief, no rolling back of reforms for Greece, says Finland's Stubb





Greek central bank asks ECB to allow emergency bank lending line if needed









Tweets 1/17/15  ......


The ECB's 4 QE Scenarios, And Why CS Thinks Waking From The "QE Dream" May Be The Worst Possible Outcome
















More casualties to expect as shorts on Franc had reached almost a 1yr high ahead of the SNB bombshell.










Swiss Franc Trade Is Said to Wipe Out Everest’s Main Fund.










Disappointment fluttering before Draghi's QE even rolled out ?
  1. Ministers should patronize central bankers. Italy's Padoan urges ECB bond buying 'without constraints' via


  1. What a mess RT : Italy's Padoan urges ECB bond buying 'without constraints'











Tsipras sees debt conference idea gathering support







Russia's Modest Proposal To Greece: "Exit Europe And We Will Lift The Food Import Ban"







SYRIZA rules out unilateral action, wants deal by July






Record capital flight out of Russia - Rekord-Kapitalflucht aus Russland




Dijsselbloem spox says Dutch FinMin "didn't take position re QE, just discussed pros & cons re effectiveness under current conditions".





All of these things are inter related, capital flight, Greece, Swiss franc and Russia. Agree with Lagarde, we need less unilateralism



Greek central bank asks ECB to allow emergency bank lending line if needed | Reuters








The bad hand being dealt to Greece's next government. on what lies in store after elections




Our latest e-newsletter, looking at how things are lining up for the Greek elections, is out.






'Jihadi plans for Belgium attacks were coordinated by an ex-Syria fighter based in Greece': expert ~






Tsipras tells Skai TV scrapping current property tax will lead to €1.8 bln revenue drop. Gap to be bridged by tax system overhaul







Fitch revised Greece’s outlook to negative, due to Syriza?









What the Wild Swiss Franc Appreciation Really Means | These are my thoughts on the move







"ERM 2 includes a provision on unlimited intervention credit between the ECB and the participating central banks"






Parliament dismisses bill targeting oligarchs






ECB weighing QE through national central banks but not for Greece, Spiegel reports








Merkel said to see Tsipras making deals as crunch looms














Goldman has cut Ruble forecast. Expects Ruble to drop to 70 per Dollar in 3mth, sees 65 in 6mth and 60 in 12m






















Franc Flash Boom: Big banks haven gotten burnt as Swiss Franc stages historic rally.





Self-inflicted. €Govts delayed PSI. Now OSI only game in polis. Warned as much in 2010








Good background to Greek banks' ELA request from here: (I've never posted anything from Ello before)







What the Wild Swiss Franc Appreciation Really Means | These are my thoughts on the move