from MacroScope:

Tsipras gets no leeway in Riga

By Mike Peacock
May 22, 2015

Latvian President Berzins welcomes Greek Prime Minister Tsipras at the Eastern Partnership Summit in Riga

The Greek government states that a cash-for-reforms deal with the EU and IMF can be finalized in the next 10 days but the other side is much less optimistic and there was no sign of a breakthrough at the EU summit in Riga which Prime Minister Alexis Tsipras had been pinning some hope on.

from Breakingviews:

Altice’s $9 bln U.S. foray shows controlled ambition

May 20, 2015

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

from MacroScope:

More Greek talks, Riga summit unlikely to be decisive

By Mike Peacock
May 20, 2015

German Chancellor Merkel and Greek Prime Minister Tsipras leave after addressing news conference in Berlin

Greece's European lenders have played down hopes of a swift end to aid negotiations and said talks must speed up before the country runs out of cash. That contrasted sharply with optimism in Athens where a series of top officials asserted that a deal was just days away.

from MacroScope:

Greeks talk up deal prospects, but what has changed?

By Mike Peacock
May 19, 2015

Greece's Finance Minister Varoufakis and Eurogroup chairman Dijsselbloem talk during an euro zone finance ministers meeting in Brussels

In an epic late-night talk show appearance, Greek Finance Minister Yanis Varoufakis said his government was nearing a cash-for-reforms deal with its euro zone partners and the International Monetary Fund that would help it meet debt repayments next month.

from MacroScope:

French growth leapfrogs Germany’s in Q1

By Mike Peacock
May 13, 2015

The French Pole Emploi stand is seen during the 20th Forum de l'Alternance in Paris

It’s euro zone GDP day. German and French data are already out with Europe’s largest economy growing by 0.3 percent, below both the 0.5 percent forecast and the 0.7 percent achieved in the last three months of 2014.

from MacroScope:

IMF paid but how much money does Greece have left?

By Mike Peacock
May 12, 2015

Greece's Finance Minister Varoufakis and Eurogroup chairman Dijsselbloem talk during an euro zone finance ministers meeting in Brussels

Greece made a 750 million euros repayment to the International Monetary Fund a day ahead of schedule on Monday but it is not clear precisely how much money Athens has left in its coffers.

from MacroScope:

IMF playing hardball on Greece

By Mike Peacock
May 5, 2015

A man holding a Greek national flag and a placard walks in Constitution Square in Athens

We’ve heard various dates for when Greece will run out of money and some have already passed without incident but it is clear Athens’ cash position is getting increasingly desperate and it hasn’t yet managed to win over its creditors with economic reform plans.

from Breakingviews:

BP and Total find downstream respite

April 28, 2015

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

from MacroScope:

No Greek deal in Riga but glimmers of convergence

By Mike Peacock
April 24, 2015

Greek Finance Minister Varoufakis attends a parliamentary session in Athens

We’ve been saying it for a week or more and it’s now confirmed – the lack of an economic reform programme forthcoming from Athens means today’s meeting of euro zone finance ministers in Riga can achieve no breakthrough despite glimmers of the two sides moving closer.

from Breakingviews:

French investment banking has less than meets eye

April 23, 2015

By Dominic Elliott

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