Monday, March 2, 2015

Europe Watch ( March 2 , 2015 ) - HETA ( Austria Bad Bank ) in focus as bail in looms for creditors ....Europe data of the day , unemployment ( EZ area 11.2 percent , EU 28 9.8 percent ) and inflation ( -0.3 for Feb 2015 ) data released ..... QE and bond market items of note .... Russia and Ukraine items of note ..... Italy items of note.


Tweets...






 zerohedge retweeted
 · 30 minutes ago


SCHELLING SAYS CAN'T SAY HOW BIG A HAIRCUT HETA CREDITORS MAY FACE






 · 27 minutes ago



Austria "bad bank" bonds just got Lehmaned. Will need a bigger bad bank...







 · 9 minutes ago


New EU rules to impose losses on bondholders come into play with Austrian bad bank







 · 36 minutes ago


So, here's the thing. As HETA is state-owned legacy asset disposal vehicle, not lending bank, trading while insolvent is not a crime, yes?








 · 33 minutes ago


And putting HETA into an insolvency procedure would completely negate the whole point of setting it up in the first place.







 · 27 minutes ago


And therefore the guarantees will not be triggered even if HETA never pays another cent in debt service.







 · 25 minutes ago


In short, HETA is the ultimate zombie bank





 · 23 minutes ago

Anyone hoping to claim on those guarantees wd have to prove HETA is insolvent even tho the authorities say it isn't. Good luck with that....







 · 53 minutes ago


cuts off support for Bad Bank with growing losses. Bonds plunge. /via






View translation
 · 52 minutes ago


Eurostat: Euro area unemployment rate at 11.2%, EU28 at 9.8% in Jan 2015








 · 52 minutes ago


Eurostat: Euro area annual inflation up to -0.3% in feb 2015







 · 3 hours ago



's Europe affairs Dep. Min Mendez de Vigo says should do less talking, do more reforms. (BBG)








 · 3 hours ago

Let begin: This mth sees start of ’s €60bn/mth bond purchases. Italy/German spread shrinks to lowest in 5yrs.








 · 6 minutes ago


Investigators of Russian opposition politician's murder get CCTV footage from crime site



 · 20 minutes ago


Witness of Russian politician's murder not allowed to leave Moscow for safety concerns




 · 34 minutes ago


Kiev disbanding notorious militia battalion - new unit under army control


 · 55 minutes ago


Russian foreign minister warns against politicised interpretations of Nemtsov murder




 · 1 hour ago


Ukraine’s president confirms request to UN, EU about peacekeepers



 · 2 hours ago

About 1,000 miners protest by Ukrainian parliament against overdue wages




 · 3 hours ago

Ruble drops as shocking Nemtsov death raises serious questions as to how investors should view .







 · 14 minutes ago


's bond gains cut yield to record low as investors look to . 10yr at 1.3%.






 · 34 minutes ago


Thousands of people attend Lega Nord rally in Rome





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