Thursday, February 18, 2016

Economic News , Data & Views ( February 18 , 2016 ) Europe In Focus ( 1. EUCO - First Day Of Key Summit - UK-- EU Negotiations & Migration In Focus. 2.Greece Items For Thursday - Refugee Situation , Condemnation of Ankara Attack , Troika Matters . 3. Spanish Political Items of The day - Rajoy Bumble Admission New Elections Likely June 26 , 2016. 4. Global Odds & Ends. )



Europe .....







European Council - February 2016 - European Council - February 2016 Press statements by Donald TUSK







Brexit - Belgian PM 'v determined' on sovereignty,him & Lux PM 'particularly firm' on euro-outs, Merkel concern free movement: French diplo








Cameron demands 13-year ban on EU migrant benefits at summit –









Swedish PM Löfven claims EU leaders agree on no right for refugees to seek asylum in EU country of their own choice.






Tusk's remarks after first day of









. and will hold together bilateral meetings with , and .














PM Rajoy tells journalists he is confident a deal on the UK will be reached tomorrow. /via







First bilateral this night with PM and on new settlement








Turkey builds first 2-story container refugee camp








- EU's Tusk says 'some progress but a lot needs to be done' after first night of talks









's Faymann: Next will be earlier, 7, 8 or 9 of March, including Mini-summit with . /via







Very strong wording by 's Avramopoulos to 's Faymann.





Austria sticks to migrant cap decision, despite pressure in to delay. Merkel says some were surprised by it. Downplays clash.









Working dinner finished. conclusions on adopted







Hence delays







‘I need this or it will be suicide,’ Cameron told







It's 1.45am and it's snowing






Working dinner on refugee crisis has now lasted longer than the discussion of the U.K.-EU renegotiation




word on the council carpet: sherpas will work through night until 5am breakfast while leaders will reconvene for brunch





talks looking tougher than expected on . I'd say balance still leaning towards deal at this meet but less likely than at outset





proves to be harder than expected. Many small nationalisms & egos. Everyone wants to leave the Summit w a present for his home crowd.










Rumors from the say that a super important country might ask for an extraordinary Summit specifically for migration in 15 days.





UK reportedly wants emergency brake on access to welfare to last 13 years (7+3+3). Central & Eastern EU countries say no more than 5.








: Each EU MS should ask themselves, "who are we alone." Need to stick together to face global challenges.






: We are not a multi-currency union.






Aaargh - 'If needed, negotiations will go into Saturday', Schulz tells





EUCO President Tusk defines Summit as " Make or Break "







Greece.......




Serious discussion at over financing for in . Risk of humanitarian crisis while coffers are empty.





Greece says it can now register all migrants.







Wary on Turkey, EU prepares for refugee crisis in Greece








Greece condemns ‘heinous attack’ in Ankara






Eurogroup President Asks Greece to Accept Deeper Pension Cuts and Create a New Privatization Fund






Could Greece be fenced off from the rest of Europe? reports






Closing Borders to the Balkans Would Trigger a ‘Major Humanitarian Crisis’ in Greece, Says Minister Mouzalas







More than 2,800 vehicles stuck on Greek-Bulgarian border






Spain.....





New Spain elections 'most likely' in June, says prime minister




Spain's Podemos agrees to talk with Socialists, breaking deadlock






Curse of Cameron - Spain's Rajoy caught on open mic telling UK PM new Spanish elex likely on June 26 (three days after poss )






Odds & Ends .....





poised for best month in 4yrs on fears of a fresh banking crisis.






A "Baffled" Bank Of Japan Is Shocked By Its "Message Of Despair"








KURODA: NEGATIVE RATES WILL HELP BOOST JAPAN'S ECONOMY....haha







Why The Chinese Yuan Will Lose 30% Of Its Value







Another step towards interest rate liberalization- PBoC adopts daily open market operations, finessing rate corridor









Desperate ruling Coalition grasps straws..







JAPAN'S 20Y GOVT BOND YIELD FALLS TO FRESH RECORD LOW OF 0.70%








The EU is banning the 500-euro 'Bin Laden' bill to try and stop terrorists








US banks take pain. Euro banks don't.