from MacroScope:

Turkish interest rate standoff

By Mike Peacock
March 3, 2015

Turkey's President Tayyip Erdogan gestures during a conference at the Foreign Affairs building  in Mexico City

Turkey’s central bank releases minutes of its last meeting at which it cut interest rates by a quarter point.

from MacroScope:

Restive Bundestag to approve Greek bailout extension

By Mike Peacock
February 27, 2015

German Chancellor Merkel, members of government and parliament observe a minute of silence during a session of the lower house of parliament Bundestag in Berlin

Germany’s parliament will vote today on the extension of Greece’s bailout by four months and will duly back it though we can expect some grumbling from a clutch of lawmakers.

from MacroScope:

Whisper it, is the euro zone perking up?

By Mike Peacock
February 26, 2015

People walk into the the Mall of Berlin shopping centre in Berlin

The drama of Ukraine and Greece has left old-fashioned economic data in the shade so far this year but, quietly, there are some signs of improvement for the moribund euro zone economy.

from Breakingviews:

Lavish German pay hike helps entire euro zone

February 24, 2015

By Olaf Storbeck

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

from MacroScope:

The Greek plan is in, breath bated

By Mike Peacock
February 24, 2015

Varoufakis arrives at a news conference after an extraordinary euro zone Finance Ministers meeting in Brussels

Greece sent an economic reform plan to its EU and IMF creditors overnight, according to an EU source, and euro zone finance ministers will this morning see the list which is a condition for extending the country's bailout programme by four months.

from MacroScope:

Eurozone awaits Greek reform list

By Mike Peacock
February 23, 2015

Greece's PM Tsipras addresses a news conference after an EU leaders summit in Brussels

A Greek deal has been pulled from the fire at the last moment. The country’s bailout programme will be extended for four months averting a potential cash crunch in March that could have forced the country out of the currency area.

from Hugo Dixon:

Time for Greece’s Alexis Tsipras to keep his nerve in debt battle

By Hugo Dixon
February 22, 2015

By Hugo Dixon

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

from Breakingviews:

Time for Greece’s Alexis Tsipras to keep his nerve in debt battle

By Hugo Dixon
February 21, 2015

Greek PM Tsipras attends a cabinet meeting at the parliament building in Athens

Greek PM Tsipras attends a cabinet meeting at the parliament building in Athens, Feb 21, 2015. REUTERS/Kostas Tsironis

from MacroScope:

A moment of truth

By Mike Peacock
February 16, 2015

Greek Finance Minister Varoufakis holds his speech notes before a vote of confidence at the parliament in Athens

A meeting of euro zone finance ministers is tasked with producing a deal to keep Greece solvent, which is acceptable to both sides. A similar meeting last week got nowhere despite seven hours of talks.

from The Great Debate:

Two crises and one hapless ‘savior’ in Europe

By John Lloyd
February 13, 2015

A newly mobilized soldier trains with a weapon at the 169th training center of Ukrainian ground forces "Desna" in the Chernihiv region

A newly mobilized soldier trains with a weapon at the 169th training center of Ukrainian ground forces "Desna" in the Chernihiv region, Feb. 13, 2015. REUTERS/Valentyn Ogirenko