George D. retweeted
Two officials: Greece was given 24h yesterday to present proposal so to meet 18 June deadline. Greek didn't so far http://www.bloomberg.com/news/articles/2015-06-12/eu-readies-for-default-as-tsipras-drives-greek-finances-to-brink …
This is NOT looking good. At. All. #Greece
#EU readies for Greek default as Tsipras drives Greek finances to brink http://www.bloomberg.com/news/articles/2015-06-12/eu-readies-for-default-as-tsipras-drives-greek-finances-to-brink … /via @markets #Greece
#ECB starts countdown on #Greece funding lifeline http://reut.rs/1INbkbd /via @Reuters | Tic toc, tic toc...
‘Grexit’ Would Lead to Economic Chaos: Unicredit's Nielsen http://bloom.bg/1MO31KV /via
Greek talks await 'serious proposals' from Athens, says Djisselbloem http://dlvr.it/BBJ1lB
#Greece auctions €1 bln 3-month T-Bills on Jun 17. Total roll-over amount at €1.6 bln. Previous yield at 2.7%. #economy #markets
Incl non-competitive bids,
#Greece rolled over €1.6 bln 3-mon T-Bills at 2.7% and €2 bln 6-mon at 2.97%. #economy #markets
#Greece Apr Import Price Index in Industry -19.2% YoY and +1.4% MoM, 12-month trailing -6.6% (ELSTAT) #economy #euro
#Greece Building Activity (permits) +19.1% in Mar, +7.9% in 3-month and -11.8% over the trailing 12 months (ELSTAT). #economy #construction
* German finance Min spokesman says it's inconceivable to think there will be a solution for Greece without the IMF involved - RTRS
*70% OF GERMANS OPPOSE MORE EU CONCESSIONS TO GREECE, ZDF SAYS
Dijsselbloem: Will not rush into Greek deal; deal only possible if substance is correct.
#Greece must be ready for 'difficult measures' ~BBG
New @ZDF poll shows only 23% of SPD sympathisers think the EU should make further concessions to #Greece. Quite low.
Broader Europe , ECB ....
#construction output revisions point to healthier economy. 2014 #GDP growth revised up http://ow.ly/OdD1c http://ow.ly/i/bgYM4
Euro area industry grows less than expected in April, but underlying trend remains firm http://ow.ly/OdAVO http://ow.ly/i/bgY9S
Markit Economics retweeted
Euro area industrial production +0.1% in Apr 15 over Mar 15, +0.8% over Apr 14 #Eurostat http://bit.ly/1I8r2Z3
Spanish consumer prices fall for 11th month running in May. However, rate of
#deflation slows from 0.6% in April to 0.2%
Economics next week:
#FOMC announcement, #BoE minutes, consumer price numbers for #US, #UK and #eurozone + much more: http://ow.ly/ObfwF
ECB "said" to cap ELA if Greece defaults - another story brought to you by "persons familiar with the discussions". http://www.reuters.com/article/2015/06/12/us-ecb-policy-greece-idUSKBN0OS11D20150612 …
Merkel reignites ‘currency war’ worries. http://on.ft.com/1KK5oPI
#Euro drops <$1.12 as Merkel warns against strong Euro. Merkel says too strong € makes reform harder in Ireland & Spain
ZDF Poll finds 51% of Germans want Greece out of Eurozone vs 55% in favor of keeping Greece in Euro before Syriza win
Volatile times for Greek banks. FTSE Athex Banks Index drops 8% after yday's rally on rising #Grexit concerns.
Bunds continue to regain ground. 10yr yields drop to 0.86%