Tweets....
Greece Feigned Deal Progress, Launched Rumors To Avert Bank Run http://www.zerohedge.com/news/2015-05-28/greece-feigned-deal-progress-launched-rumors-avert-bank-run …
The EC, also, sees no deal any time soon. #Greece http://gu.com/p/49avk/stw#block-5566ef0be4b0c345bfcb1b09 …
* Greek government spokesman says if there is no deal, there would be wider consequences for the EU, not only financial ones - RTRS
ECB CONSTANCIO: GREECE COLLATERAL REVIEW ONLY WHEN 5TH REV COMPLETE - MNI
ECB board members now actively talking about a Greek default to the IMF ... must mean it's on the cards
CONSTANCIO: GREEK DEFAULT TO IMF WOULD IMPACT BANK IMPAIRMENTS
VAROUFAKIS: GREEK GOVT WANTS DEBT RESTRUCTURING
This → #ECB's Constâncio: No automatic connection between a default of #Greece government and insolvency of Greek banks ~RTRS via @FGoria
This is true, but what's the likelihood that ECB wouldn't act to limit ELA provision in the event of default?
And, in such a situation, how sustainable would the argument for Greek bank solvency be? (Not suggesting ECB GC don't know this, of course)
#Greece FinMin Varoufakis says Greek govt wants debt re-structuring http://news.forexlive.com/!/varoufakis-says-greek-govt-wants-debt-re-structuring-20150528 … /via @ForexLive
MineForNothing retweeted
ECB: GREEK BANKING SECTOR HAS HAD SUBSTANTIAL DEPOSIT OUTFLOWS
Manos Giakoumis retweeted
#Greece May Economic Sentiment -1.3 points to 91.4. Consumer Confidence -3.1 points to -43.6 (EC). #economy #euro #eu #ec
Acc to Dep Parliamentary Speaker Mitropoulos, #Greece Court of Audit ruled unconstitutional the solidarity levy on pensions >€1,000.
@fredwalton216 No retroactive impact according to the same source. @ImogenSpedding @drubald @KellerZoe
Brussels: More Differences Than Points of Convergence in Greek Negotiations http://dlvr.it/B0Wy8Z #GreekNews
Broader Europe....
UK economy grew 3.0% in 2014 with net trade acting as a 0.5% drag on that number. Will people stop saying exports are important for growth?
Contribution to UK GDP growth in 2014
Private Consumption +1.6%
Investment +1.5%
Government +0.4%
Net Trade -0.5%
UK GDP confirmed at +0.3% Q/Q in Q1
Services +0.4%
Production +0.1%
Construction -1.1%
Contribution to UK GDP growth in Q1 (Expenditure Method)
Private Consumption +0.4%
Investment +0.7%
Government +0.1%
Net Trade -0.9%
MineForNothing retweeted
#Brexit #UK #EU | BRITAIN NEEDS TREATY CHANGE AS PART OF RENEG, RULES 'NOTHING OUT' IF DOESN'T GET SUBSTANTIAL EU DEAL -FORSEC HAMMOND
Pablo Iglesias says the "political ecosystem in Catalonia is complex in a way that it is not in other areas of the country".
Pablo Iglesias: "There are only two ways of doing politics in this country now: keep doing the same thing […] or try something new".
"[Pablo Iglesias] is copying and pasting Varoufakis."
Pablo Iglesias says the party that has proven incapable of repaying the public debt is the PP "which has multiplied it".
Pablo Iglesias says debt repayments should be linked to growth in an expanding economy.
Pablo Iglesias says Podemos will support PSOE but not join any governments led by a socialist.
Pablo Iglesias: "We are going to try and prevent the PP from governing"
Spain retail sales had another good month in April, up 1.3% over March, 2.9% year on year.
Spain's INE confirm 0.9% GDP number this morning. Net trade a little less negative than previously.
It seems Ada Colau is far from assured of becoming mayor of Barcelona (in Catalan).http://www.elsingular.cat/cat/notices/2015/05/trias_obre_la_porta_a_ser_alcalde_amb_psc_i_erc_109328.php …
Austrian cenbank governor says decision to repatriate some Gold from London "absolutely not" related to possibility Britain will leave EU
How a Geneva-based commodity trader became the largest exporter of Russian oil http://read.bi/1GFWQYM
The Moscow Times retweeted
#Russia's #Putin accuses U.S. of meddling abroad by arresting officials from soccer world governing body #FIFA: http://www.themoscowtimes.com/news/article/russias-putin-says-fifa-corruption-arrests-show-us-meddling-abroad/522495.html …
#BREAKING RUSSIA WILL VOTE FOR SEPP BLATTER REGARDLESS OF FIFA SITUATION
- Sepp 147%!!!
Putin: FIFA corruption scandal unrelated to 2018 World Cup in Russia http://tass.ru/en/sports/797209 …
Ukraine’s Monetary Committee Says Key Rate Should Stay at 30%
Enrico Ivanov
Why Would Bloomberg News Completely Disappear the February, 2014 #Ukraine Coup?
http://www.washingtonsblog.com/2015/05/bloomberg-disappears-ukraine-coup.html …
Brookings
.@VP Biden was tough but optimistic on Russia, Putin & Ukraine today at Brookings: http://brook.gs/1J6sEX2
Europe scrambles to break gas dependence on Russia, offers Ukraine military tie | via @Telegraph http://www.telegraph.co.uk/finance/financialcrisis/10715577/Europe-scrambles-to-break-gas-dependence-on-Russia-offers-Ukraine-military-tie.html …
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