Monday, March 9, 2015

Greece Reform Proposals rejected by Greece's Creditors ( March 9 , 2015 ) - Eurogroup on Monday March 9 , 2015 unlikely to proceed to any decisions as Greece proposals seem destined to go nowhere fast , referendum unlikely in Greece on fiscal issues ..... QE from the ECB commences and bonds except for Greece catch a bid...... Spain becoming a four party nation with the rise of both Podemos and Ciudadanos..... Austria in focus as gurantees take on new emphasis after HETA debacle


Evening Tweets.....





Eurogroup Humiliation Of Greece Complete: The Troika Is Coming Back To Athens








's Dijsselbloem is saying that today's talks w/ were a "complete waste of time."




De-Dollarization Encircles The Globe As China Completes Alternative, May Launch As Soon As September.







So re liquidity, 's hot issue, Dijsselbloem says no payments til agrmnt w 'Institutions' & implementation and T-bills are ECB's issue







Dijsselbloem on : We will not discuss early disbursements without agreement & without implementation.






gov't has enough cash to pay back IMF 2nd loan installment of €350ml on March 13th ~RTRS | ← Rest of March €680ml installments too.
















Morning Tweets.....




The moment of truth is approaching




Greek opposition party: finance minister Yanis Varoufakis is "dangerous for the country" and should be replaced









says expects no decisions on today









Art.44 of Greek Constitution forbids a referendum on a fiscal issue, excludes to be precise acc. to :






German Bunds rally as said to begin buying German Government bonds under QE plan. 10yr yields drop to 0.36%.






gives the Eurozone party pooper: FTSE Greek banking index starts 5.5% lower to the week.






Greek tensions revived as EU rejects reform list as inadequate. 's default risk at 66%.







After Podemos, the swift poll surge of Ciudadanos means may become a four-party country. Our new blog post:








DepFinMin does not expect concrete Eurogroup decision on ; Referendum wd only lead to a delay in reform implementation ~RTRS






Defense Min Kammenos: If Europe “hits” Greece, we will suspend Dublin II and we send immigrants to Berlin. /via






govt doesn’t see a referendum as a baseline scenario, spokesman Gabriel Sakellaridis says by phone today ~