Broader Europe ....
SENIOR POPULAR PARTY FIGURES DISAGREE: First Minister of Castilla y León says Rajoy should take long look in mirror. https://www.thespainreport.com/16526/daily-briefing-may-26-2015/ …
RAJOY ANSWERS QUESTIONS…SAYS HE’S GREAT: Mariano Rajoy held an extraordinary press conference on Monday evening… https://www.thespainreport.com/16526/daily-briefing-may-26-2015/ …
El Mundo chooses the right photo to sum up Rajoy reaction to PP election results: "not going to make any changes".
Spain ushers in new era of political pact making. But are traditional parties ready to change? http://bit.ly/1IX7Pio
EU’s first coup d’ etat: Merkel & Hollande plot to “reform” the Eurozone without change of… http://goo.gl/fb/kF51vb
Poll: Majority of Britons, Germans and French unwilling to pay off #Greece’s debt http://goo.gl/fb/xZbzri
#Euro traders shed last bit of optimism from Greek Feb deal. Single currency drops below $1.09 http://bloom.bg/1HtKwqs
Dollar Index DXY looks as if the USD is back in vogue this week.
* German official says expects IMF decision on inclusion of renminbi in IMF currency basket in autumn - RTRS
* Imf: believe China should aim to achieve an effectively floating exchange rate within 2-3 years - RTRS
* Ecb's Noyer says current low interest rates carry risks for insurance sector by hitting investment returns - RTRS
* Ecb's Noyer says low interest rates and market volatility merit special attention for banks - RTRS
Regional vote won't hit govt says Renzi: No matter what the outcome as seven regions go to the ballot box http://bit.ly/1IVVWsP
Greece......
A Parallel Currency for Greece: Part I: A review of the pros and cons of various parallel currency options for... http://bit.ly/1HImZF4
A Parallel Currency for Greece: Part II: Yves here. I’m quite interested in reader reactions to this scheme. M... http://bit.ly/1J20zAj
Brussels Group talks on #Greece continue today. Tsipras has reportedly instructed Greek negotiators to close pending issues asap.
Merkel rules out Grexit, while Schäuble sees Grexit as a legit option ~Die Welt http://www.welt.de/wirtschaft/article141460841/Merkel-und-Schaeuble-liefern-sich-Grexit-Duell.html … #Greece #euro
As Brussels/ECB/IMF fiddle, Greece burns...
http://www.nytimes.com/2015/05/26/business/dealbook/with-money-drying-up-greece-is-all-but-bankrupt.html?ref=business&_r=0 …
Since 2010 Greece sees 28 bill euros in spend cuts/alot for 179 bill euro economy. Proportional austerity in US would = $2.6 trill
GREECE PROPOSES 15% TAX RATE FOR DEPOSITS ABROAD: VAROUFAKIS
Greece Optimistic About Deal, U.S. Intervene in Negotiations with IMF http://dlvr.it/9z6Y9Y #GreekNews
Greek FinMin Varoufakis: We Will Make IMF Payment in June if There Is a Deal http://dlvr.it/9z5kzk #GreekNews
Fabrizio Goria retweeted
EU’s Moscovici: Not There Yet On Greece Deal, Need More Effort To Reach Agreement
- Says There Is No Plan B For Greece
ECB'S NOYER: BIGGEST RISK FOR GREEK EXIT IS ON GREECE ITSELF - MNI
GERMAN OFFICIAL SAYS NOT AWARE OF ANY PLANS FOR SPECIAL MEETING OF EUROGROUP IN EARLY JUNE
ECB'S VISCO - GREEK CRISIS FUELLING GRAVE TENSIONS THAT COULD PROVE DESTABLIZING
Greek 2yr yields jump to almost 25% on more Greek noise. #ECB’s Hansson says agreement on #Greece ‘not in sight’ yet.
#Greece has not much time left, ESM Head Klaus Regling says in interview with @BILD. http://www.bild.de/bild-plus/politik/ausland/klaus-regling/im-bild-interview-ueber-griechenland-41088798,var=a,view=conversionToLogin.bild.html …
#Greece Court of Audit may rule unconstitutional the solidarity levy on publc sector pensions w/ no retroactive impact (via @kathimerini_gr)
#Greece PM @tsipras_eu & Deputy PM @YDragasakis met with Prem Watsa, CEO of Fairfax controlling 20% of #Eurobank. #economy #banking #markets
Institutions see fiscal gap at ~€2 bln, gov't <€1 bln, according to #Greece gov't sources (via SKAI TV). #economy #ec #ecb #imf
#Greece travel receipts up 13.3 pct in March as tourist arrivals increase by 34.4 pct. http://www.macropolis.gr/?i=portal.en.economy.2548 … #economy #tourism @setegreece
#Greece holds back spending, rakes in one-off revenues for 2.1 bln budget prim surplus at end-April. http://www.macropolis.gr/?i=portal.en.economy.2547 … #ec #ecb #imf
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