Varoufakis says #Greece was founding member of Bretton Woods institutions Will pay all its creditors including the IMF Apr 9 ~@KaterinaSokou
#IMF managing director @Lagarde says Greek FinMin @yanisvaroufakis confirmed #Greece will pay Fund on April 9 http://ow.ly/Leb5h
Gap between european and US earnings
#Greece | Early data at General Accounting Office indicate March revenue beat target by €900ml http://bit.ly/1Ja6aTo /via @naftemporikigr
I think it is highly unlikely that
#Greece fails to repay the #IMF.
(My argumentation coming up later today)
Lot of speculation today about possible new elex, soon. 2 things here:
1) Nothing new here
#Syriza's electoral share depends on TIMING
More on the 2nd point: If no deal w Europe is reached &
#Syriza's politics utterly myth-busted, expect Syriza's share to drop.
But if wages+pensions NOT paid (once, or even twice) before elex [weeks will pass since announcement], expect Syriza's share to drop more.
Mish's Global Economic Trend Analysis: Endless Supply of Rabbits? Greece to Make April 9 IMF Repayment; B. http://po.st/4RlwAX via
#Italy: The three structural gaps that are more dangerous than the crisis http://24o.it/x4QMul /via @24Italy24
Euro Area working age population trend went negative in 2012. Is deflation timing really just a funny coincidence?
Greek DefMin Kammenos send message to Troika that govt will not make cutbacks in pensions or salaries. Said he is against early elections.
anna Kalionis retweeted
What happens if Greece defaults to the International Monetary Fund? http://www.telegraph.co.uk/finance/economics/11511457/What-happens-if-Greece-defaults-to-the-International-Monetary-Fund.html …
Tsipras eyes Russia deal as EU concern intensifies http://dlvr.it/9G12qq
Big week for Greece as cash runs out and election scenario looms http://dlvr.it/9G0bxv
#Greece StateMin Flambouràris says Varoufakis to ask Lagarde to agree on postponement of pensions & labor reforms to June talks ~@skaigr
First raw data on ECB QE show asymmetrical purchase patterns; yes, negative rates have a role in it. http://soberlook.com/2015/04/first-raw-data-on-ecb-qe-show.html …
Euro weakness sparks analyst clash over currency war http://www.businessinsider.com/afp-euro-weakness-sparks-analyst-clash-over-currency-war-2015-4 …
Greece's FinMin Varoufakis to discuss reforms w/ IMF chief Lagarde tdy as the money runs out. http://reut.rs/1FtwqXL
Next sovereign default after #Argentina: #Ukraine seeks $15.3bn from restructuring of debt. http://bloom.bg/1MPI2Lp