Morning Note: 1. Greece's midnight deadline. 2. BoE ZZZZzzz 3. China bans major stock holders from selling...
Broader Europe ....
OECD says Italian growth 'timid', youth unemployment 42.7%: GDP rises of 0.6% and 1.5% forecast for 2015, 2016 http://bit.ly/1UDVq6M
Italy stronger than 2012 says Padoan: Minister says reforms, return to growth offer protection http://bit.ly/1KWvyyt
HackingTeam software out of control: Firm says terrorists, extortionists can now use technology http://bit.ly/1HdDkPZ
The Spain Report retweeted
Charging bulls injure five during Pamplona run http://bit.ly/1CqXZTW #Pamplona #SanFermin #SanFermin2015
PP prepares to battle Spanish left for young voters - emerging Ciudadanos also in its sights http://cort.as/UX3I
If there's an agreement with lenders by Sun, it may be worth more than €65 bln. The bill has soared https://shar.es/1qTe6c #Greece #euro
EU's Tusk says good agreement on Greece should convince parliaments http://dlvr.it/BSwwYz
Moscovici hopeful of a Greek deal http://dlvr.it/BSwxt6
Lafazanis says government will not accept third austerity package http://dlvr.it/BSt79x
ECB chief Draghi says Greece solution is 'really hard' http://dlvr.it/BSsJRT
Greek Gov’t: ‘We Believe We Will Have Positive Signs at the Eurogroup’ http://dlvr.it/BSvrBP
UN would struggle to cope with refugees in Greece if banks fail -
@PatrickKingsley http://gu.com/p/4ag2e/stw #Greece #euro #refugeesgr
Juncker will meet Greek opposition leaders from New Democracy and To Potami leaders today and tomorrow
Nick Malkoutzis retweeted
Program of following days:#Greek proposals have to be in by midnight,assesement by 3 institutions til Saturday morning, EWG 10 am and EG 3pm
"Everything is going well. Will all happen very quickly even though some ppl try to sabotage deal," says coalition partner Kammenos
Will there be a deal on Sun or will Schaeuble say "Isch over"?
@AntonWSJ & @MMQWalker on his differences with Merkel http://on.wsj.com/1UBEBcF
#Greece Apr seasonally adjusted Unemployment at 25.6% from rev 25.8% in Mar and 27% in Apr 2014 (ELSTAT). #economy #euro
#Grece PM #Tsipras w/ Dep PM @YDragasakis, FinMIn @tsakalotos, Econ Min @g_stathakis & FM @NikosKotzias underway (via @amna_news)
What changed between Sunday [https://twitter.com/Reuters/status/616973059577282561 …] and today? More payments into system than expected?
At conference in Athens, Energy Minister Lafazanis insists gov't will not sign new MoU, says #Greece has other options. #euro
New Democracy, To Potami & PASOK sceptical of Tsipras's ability/commitment to seal an agreement with lenders
#Greece's proposal. French team been sent to aid new Greek FinMin to prepare proposals which will meet w/ creditors’ demands (Citi)
ICBC: Tsipras could still get a deal done, but only after accepting a personally humiliating defeat at hands of Merkel & other EZ hardliners
ICBC's Efstathiou: #Greece’s fate is no longer in its own hands. After failed negotiations of past 6 mths, many EU leaders just want #Grexit
Noonan says #Greece owes #Ireland €350mln. (Lucky Ireland didn't participate in EFSF aid BUT Noonan forgets Target2)
Contagion watch: Periphery yields drop while Bund yields rise. Portugese 10y risk spread over Bunds plunges.
Ratio of govt spending-to-GDP fell by most in Greece out of wider EU. Greek ratio dropped 10.7ppts to 49.3% (via BBG)
Buba's Weidmann: Need Greek Capital Controls Until Deal Reached, Solvency of Government, Banks Ensured.
Buba's Weidmann: Doubts About Solvency of Banks in
#Greece 'Legitimate, Rising by the Day.'
Buba's Weidmann: Eurosystem Shouldn't Increase Emergency Lending to
#Greece Until Deal Reached.