Sunday, May 29, 2016

Economic News & Views ( May 29 , 2016 ) Quick Hits For Sunday May 29th ( 1. Greece In Focus - Updates On Creditor Talks , Privatization Progress , General Economic Activity , Refugee Situation On Greece. 2. Refugee Crisis in General , Not Just Greece Epicenter For Europe Crisis - Also , Internally Displaced Civilians in Syria & Iraq .3. Turkey - News De Jour. )


Greece......






The Greek government and the Institutions remain at odds over prior actions








and institutions did not reach an agreement during conference call re solidarity grant (EKAS) (via ).






decisions on debt relief measures cld result in savings of 226 mln in 2017 & 1.1 bln in 1st 5 yrs, FinMin tells








Greece back on ECB agenda at Vienna meeting







Success of port privatization to benefit both Greece & China: Greek shipping expert









Unemployment forecast for Greece from IMF latest Debt Sustainability analysis is horrifying h/t















Highest youth unemployment Greece: 52% Spain: 45% Croatia: 44% Palestine: 42% Italy: 39% Cyprus: 32% Portugal: 30% Algeria: 30% Iran: 25%









UNHCR flags concerns over refugee sites in northern Greece: via






Refugee Crisis Generally....






German Coalition Gov't agrees on "Integration Law" to regulate rights & responsibilities of asylum seekers - Germany







Fwiw - Timmerman says talks on visa free travel for Turkey making progress.












Takeaways - no real hard numbers of boats at sea , passengers lost this week , clearly rescue efforts overwhelmed.









As feared-the onset of milder weather has encouraged smugglers to set forth-in reckless fashion & very unsafe boats.









Another horrible day on the Mediterranean....











rebels agree to hand over to in return for safe passage through Kurdish held to reach











According to Kurdish officials 6124 people from Marea and Shekh Isa arrived YPG controlled Afrin today













Latest: Thousands of Iraqis seek refuge from fighting in war-torn Syria.








Turkey......

















Miners end hunger strike at trustee-appointed mine in Turkey’s north









PKK blamed for arson attacks in Turkey’s southeast









CHP leader decries high court chiefs for joining president on visit









Syria clashes heat up near Turkish border









We are now gov’t of all, PM says after vote of confidence










Tourism boom fires Iberia as Turkey left in cold