UK, Ireland & Denmark to opt out of EU's migrant resettlement scheme
*Russian Market retweeted
#Greece Fin Min Varoufakis: I can't guarantee that the govt will be in power until January
Jonathan Ferro retweeted
Five things everyone will be talking about today. http://www.bloomberg.com/news/articles/2015-05-13/five-things-everyone-will-be-talking-about-today … via @ferroTV
Barclays cuts German 2015 GDP forecasts from 1.8% (consensus) to 1.5% after dismal Q1 numbers.
Europe Preparing Greek Bankruptcy Loan "In Event Of Grexit" http://www.zerohedge.com/news/2015-05-12/europe-preparing-greek-bankruptcy-loan-event-grexit …
Two days after Germany's Schaeuble calls Greece's bluff on referendum idea, key minister says no such plan on agenda. http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_13/05/2015_549983 …
GREECE'S CREDITORS SAID TO SEEK EU3 BILLION IN BUDGET CUTS
GREECE, CREDITORS SAID TO BE FAR APART ON LABOR, PENSION REFORM
#Grexit is becoming more and more expensive by the day. #ECB's Coeure says ECB overall exposure to #Greece stands at €115bn as of yesterday.
Crisis hit #Greece falls back into recession. http://www.telegraph.co.uk/finance/economics/11601682/Crisis-hit-Greece-falls-back-into-recession.html …
*BELGIAN FEDERAL CASH DEFICIT WIDENS TO EU10.5B AFTER 4 MONTHS // Almost 2bn moar compared to last yr. Because, ya know, EVIL EVIL austerity
#Eurozone | MAR INDUSTRIAL PRODUCTION M/M: -0.3% V 0.0%E; Y/Y: 1.8% V 1.9%E
#Italy beats. 1Q GDP grew by 0.3% On Quarter vs 0.2% expected. Biggest expansion since 2011.
#France: GDP grew by 0.6% in Q1 2015 compared to Q4 2014. Imports up 2.3%, exports up 0.9%. http://www.insee.fr/fr/themes/info-rapide.asp?id=26&date=20150513 … (@InseeFr)
Bond rout has come to a pause. 10yr Bund yields a tad higher after #Germany's Apr CPI came in higher than expected.
#Germany disappoints. Q1 preliminary GDP comes at 0.3% QoQ lower than expected 0.5%.
Chart: ECB (Eurosystem) balance sheet -