MADRID, February 23, 2015 | By Sean Duffy | Friday´s deal was a relief for all involved, yet it remains to be seen if a frantic weekend of number cruncing from Greek officials will meet the strict criteria outlined in the agreement. German bank Berenberg cut the chances of a Grexit to 25% from 35% on Monday.
MADRID | By Soren Willemann at Barclays | European credit markets have been outperforming equities persistently since October 2014. However, following the recent ECB announcements, this relationship has shifted dramatically, with credit spreads now trading wide vs equities on a historical basis.
By Alexandre Mato in BRUSSELS & Sean Duffy in MADRID | A day of hard negotiations finally produced a positive outcome.Greece will work throughout the weekend to ready proposals for Monday´s meeting, but politicans were visibly relieved after an arduous week.
By Barry Eichengreen via Caixin | The reform response to the financial crisis was mild compared to that of the Great Depression, but all is not lost.
Via www.macropolis.gr | By Yiannis Mouzakis & Nick Malkoutzis | With talks surrounding a bailout extension ongoing, it is time to set the record straight about some of the myths that surround the Greek narrative.
MADRID| The Corner | Yields on ten-year government bonds remain close to historically low levels.
MADRID | Sean Duffy | Today´s meeting of the Eurogroup brings Finance Ministers Varoufakis and Scauble head-to-head. Germany are unimpressed with Greek proposals,meaning that the Greeks face the prospect of being cut off from extra bailout funding.
ATHENS | By Marios Zachariadis via MacroPolis | While capital controls might be an appropriate intermediate solution for Greece as argued by Professor Sinn in his recent Financial Times note, Professor Sinn misses or misrepresents the picture on a number of counts.
MADRID, February 19, 2015 | The Corner | Vehicle registrations in January 2015 totaled 999,157 units in Europe, representing a rise of 6.7%. The figures point to a strengthening of the recovery in the automotive sector, with growth now recorded for seven consecutive months. The figures were buoyed by particularly strong performances in Spain and Italy, each of which posted double digit increases.
MADRID | Sean Duffy | ECB tightens the squeeze on Syriza government ahead of today´s proposals from the Greek Goverment for a loan extension.