Saturday, May 2, 2015

Economic News , Data and Views May 2 , 2015 ( Greece Negotiations continue through the weekend even though news flow presently slow , items on the table for next week in Creditor talks / Greece economic picture / financial situation ) ...... Broader Europe in focus ( Spanish political developments , Central Bankers to review NIRP impacts , UK Election , Bonds , Euro / Currency watch , ECJ , Odessa , TPP , Merkel spy games )



Tweets.....


Greece....




Greek government hoped to pay ~EU750m to IMF on May 12 with help of international creditors: Handelsblatt







Greece is facing debt payments totaling about 1 billion euros to the International Monetary Fund on May 6 and May 12 - Bloomberg






"Completely Absurd" To Think Greece Won't Default In May: Official
















No new bailout needed if Greek debt restructured, says finance minister





As expected....








Latvia et al resent , "after having to take part in world’s biggest ever bailout", writes .





Social security chief Romanias says gov't will respect court decision if 2012 pension cuts deemed illegal. Puts cost at €1.5 bln/yr







MERKEL: GERMANS NEED TO BE SENSITIVE TO NAZI PAST, CITES GREECE








Min Lafazanis: "The Left will not dirty its hands with an agreement of an anti-worker & neoliberal puddle."






The past 2 days have been very slow in news relating to 's negotiations, yet time is running out. Calm before the storm?











court ruling on pension cuts cld create new problem in talks, fiscal plans.














Greek default for Dummies: Why a default on IMF loans is not a default. All questions answered



















Varoufakis Tells ‘Attack Witness’ He Might Be Expelled from Greek Government Soon [Video]








Greek gov't hopes for swift Eurogroup & ECB to lift cap on T-Bills. The emphasis is on "hopes"







Wooing pension funds for cash







Greek court said to be preparing ruling for reversal of some 4 bln euros in pension cuts, even as creditors seek more









Broader Europe / ECB




PSOE and Ciudadanos open dialogue to form government in Andalucia. The shape of things to come? vía



ratifies decree on establishment of $100bln reserve pool











*CENTRAL BANKS TO MEET LATER THIS MONTH IN LONDON: NZZ *FED, ECB AMONG BANKS TO DISCUSS IMPACT OF NEG. RATES: NZZ








A second UK election is increasingly likely! May2015 forecast signals no workable majority






Specs reduced their Euro shorts last week by 5.7%. However, Euro remains extremely short, its 9th shortest since 1999







Chart: 10yr Bund yield -








Chart: Speculative accounts positioned flat the yen, still net short the euro -







3,000 police deployed ahead of Odessa massacre anniversary










confirms inadmissibility of case brought by 5127 individuals against ECB’s OMT decision








Angela Merkel’s NSA Nightmare Just Got A Lot Worse: Angela Merkel could be in serious trouble, after revelatio...









Fast Track/TPP: The Death of National Sovereignty, State Sovereignty, Separation of Powers, and Democracy: How...