Tweets.....
fred walton retweeted
Finland current account remained in deficit in March despite some improvement in external trade.
Italy's credit rating may rise with Renzi reforms, says S&P: Agency warns pension ruling threatens budget targets http://bit.ly/1JlgaLv
Very perceptive @guardian op-ed by former Italian PM @EnricoLetta on #EUreform and the future of UK-EU relations.
#ECJ: The definition of collective redundancy under Spanish law is contrary to EU law http://curia.europa.eu/jcms/jcms/Jo2_16799 …
Greece.....
FN M Spokesman denies locked drachma exchange rate deal for leaving eurozone ...
fred walton retweeted
A Blueprint for Greece’s Recovery within a Consolidating Europe – EBS2015 Keynote, Brussels 7th May 2015 http://yanisvaroufakis.eu/2015/05/15/a-blueprint-for-greeces-recovery-within-a-consolidating-europe-brussels-keynote-7th-may-2015/ …
fred walton retweeted
Tsipras wrote to Lagarde to say #Greece couldn't pay IMF on May 12, reports Sunday's @kathimerini_gr. Plan changed after OK to use SDR acc
fred walton retweeted
In the first quarter of 2015, Greek government payment arrears to the private sector rose 24% to €3.74bn
fred walton retweeted
@fwred Their GGBs are managed by Bank of Greece's Common Capital fund. They plan to ask BoG to 'liquidate' 100ml frm their stake at the fund
Paul Mason retweeted
In Greek, @ThePressProject on the IMF “June default” leak: http://www.thepressproject.gr/article/77091
IMF memo warns of Greek default in June without deal. Reveals differences with EU. Full text @Lagarde http://bit.ly/1Eb5MiB
Industrialists from SEV (Federation of Hellenic Enterprises) submit 82 proposals for growth http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_15/05/2015_550090 … via @ekathimerini #Greece
New proposals on way, focus on five key areas http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_16/05/2015_550084 … via @ekathimerini #Greece
#Greece Aid Accord Looks Elusive as Tsipras Sticks to Red Lines http://bloom.bg/1H8LqZl via @business
Greece Will Default On June 5 Without Deal, IMF Leaks http://www.zerohedge.com/news/2015-05-16/greece-will-default-june-5-without-deal-imf-leaks
#IMF memo posted by @paulmasonnews: @Lagarde tells staff no "quick & dirty" #Greece sign-off. Withholding its €3.6bn? http://bit.ly/1Eb5MiB
@SpiegelPeter @paulmasonnews @Lagarde And seemingly "progress..has triggered a major row behind the scenes between the EU and the IMF."
@SpiegelPeter @paulmasonnews with 'no quick & dirty' aren't they referring to a new programme rather than interim staff agreement ?
@fwred No, I don't think so. "Review" is a clear reference to 5th programme review, which is the current bailout @paulmasonnews
EU vociferous on Ind Greeks' racism but always strangely quiet about New Democracy:
http://ekathimerini.com/4dcgi/_w_articles_wsite1_1_15/05/2015_550077 …
http://ekathimerini.com/4dcgi/_w_articles_wsite1_1_15/05/2015_550078 …
#Greece
Tsipras speech at Economist event pretty much a message to lenders saying "We've conceded as much ground as we can, over to you" #Greece
At Economist conference in Athens, Tsipras says there is "no way" Greek gov't will back down on wages and pensions #Greece
Greek 5yr default probability remains below 80% as Fitch affirms #Greece at 'CCC' https://www.fitchratings.com/creditdesk/press_releases/detail.cfm?pr_id=984764 …
#Greece crisis hits a critical impasse. Every1 recognizes 2012 MoU fiscal targets totally unrealistic, Eurozone willing to revise, IMF can't
Asia......
Tepco Begins Removing Cover From Destroyed Fukushima Reactor Just As Local Farmers Plant Rice http://www.zerohedge.com/news/2015-05-15/tepco-begins-removing-cover-destroyed-fukushima-reactor-just-local-farmers-plant-ric …
Business Deals Signed During PM Modi's China Visit: Indian and Chinese companies signed deals worth $22 billio... http://binged.it/1QRx2Mj
China foreign ministry spokesman says "freedom of navigation" does not extend to military vessels in South China Sea http://blog.crisisgroup.org/asia/2015/05/16/raising-the-stakes-in-the-south-china-sea/ …
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