from MacroScope:

G7 ministers face full in-tray

By Mike Peacock
May 27, 2015

German Chancellor Merkel talks to Finance Minister Schaeuble during a debate of the Bundestag in Berlin

G7 finance ministers and central bankers gather in Dresden later today for a two-day meeting at an interesting juncture for the world economy.

from Breakingviews:

Hugo Dixon: Greece needs a second election

By Hugo Dixon
May 26, 2015

Hugo Dixon is Editor-at-Large, Reuters News. The opinions expressed are his own.

Most scenarios facing Greece are bleak. The country could default, introduce capital controls, forcibly convert savers’ deposits into bank capital, quit the euro and so forth. But there is still a chance things might not end too badly. All those who care about Greece, starting with its prime minister Alexis Tsipras, need to work hard on the least bad path forward.

from MacroScope:

Can’t pay, won’t pay

By Mike Peacock
May 26, 2015

 

Latvian President Berzins welcomes Greek Prime Minister Tsipras at the Eastern Partnership Summit in RigaAfter many mixed messages in recent months, the Greek government seems to have alighted on one simple line: can’t pay, won’t pay.

from MacroScope:

Greek money seems close to running out

By Mike Peacock
May 25, 2015

Greece's PM Tsipras, Malta's PM Muscat, EU Commission President Juncker and France's President Hollande attend an EU leaders summit in Brussels

The smart money has always been on a last-minute deal being done to keep Greece afloat with Athens making most of the concessions and the euro zone and IMF bending only a little. But the chances of a car crash are growing as each day passes.

from The Great Debate:

Left’s labor lost: Why Europe’s social democrats are on the ropes

By John Lloyd
May 15, 2015

Ed Miliband former leader of the Labour Party, Nick Clegg former leader of the Liberal Democrats, and Britain's Prime Minister David Cameron pay tribute at the Cenotaph to mark the 70th anniversary of VE Day in London

Ed Miliband (L) who resigned as leader of the Labour Party, Nick Clegg who resigned as leader of the Liberal Democrats, and Britain's Prime Minister David Cameron (R) carry wreaths of poppies as they pay tribute at the Cenotaph to mark the 70th anniversary of VE Day in London, May 8, 2015. REUTERS/Paul Hackett

from Hugo Dixon:

Tory win in UK election brings increased risk of EU exit

By Hugo Dixon
May 8, 2015

The results of exit polls are projected on to the side of Broadcasting House in central London

The results of exit polls are projected on to the side of Broadcasting House, the headquarters of the BBC, after voting closed in Britain's general election, in central London, May 8, 2015. REUTERS/Eddie Keogh

from Breakingviews:

Labour to gain from “follow the money” UK voting

April 24, 2015

By Robert Cole

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Hugo Dixon:

Tories and Labour are almost twins

By Hugo Dixon
April 20, 2015

Are the Tories and Labour the Tweedledum and Tweedledee of UK politics? In most things, there’s not much to choose between the UK parties’ economic election pledges. Both want to cut the deficit gradually. Both want to splash out on the National Health Service. And both have a smattering of silly micro-policies. The big differences are that Labour would tax the rich more and the Tories might take Britain out of the European Union.

from MacroScope:

Reading the ECB runes

By Mike Peacock
April 2, 2015

European Central Bank President Draghi and Vice President Constancio leave after addressing an ECB news conferenc in Frankfurt

The European Central Bank will release minutes – or what it likes to call its account – of the last policy meeting after which it launched into quantitative easing.

from Hugo Dixon:

Tsipras needs rupture with far-left, not Brussels

By Hugo Dixon
March 30, 2015

By Hugo Dixon

Hugo Dixon is Editor-at-Large, Reuters News. The opinions expressed are his own.