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 Breakingviews:

Italian bad bank is worth the risk

February 13, 2015

By Neil Unmack

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

from Hugo Dixon:

Renzi still living on borrowed time

By Hugo Dixon
February 2, 2015

Matteo Renzi’s position has been strengthened by Italy’s presidential election. The prime minister persuaded the electoral college, made up mainly of parliamentarians, to choose Sergio Mattarella – against the wishes of Silvio Berlusconi, the media magnate, former prime minister and up to now Renzi’s quasi-partner.

from MacroScope:

EU ponders another round of Russia sanctions

By Mike Peacock
January 29, 2015

Ukrainian servicemen sit atop an armored personnel carrier as they patrol Orekhovo village in Luhansk

EU foreign ministers hold an extraordinary meeting today after their leaders have asked them to consider possible new sanctions on Russia. A final decision to impose them is likely to be left to their bosses who meet in next month and again in March.

from Breakingviews:

Italy gets its mojo back – at least in Davos

January 23, 2015

By Rob Cox

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

from MacroScope:

Clean sweep for Draghi?

By Mike Peacock
January 23, 2015

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

Mario Draghi’s peerless track record of eliciting the market response he wants remains unblemished after the ECB’s quantitative easing surprised on the upside – at 60 billion euros a month for at least 19 months it will exceed 1 trillion euros.

from MacroScope:

Davos faces now customary global uncertainty

By Mike Peacock
January 21, 2015

Swiss special police officers observe the surrounding area from atop the roof of Davos Congress Hotel in Davos

The great and good are in Davos facing a rather uncertain landscape yet again (‘twas ever thus for the last seven years).

from MacroScope:

EU talks investment, Germany balances budget

By Mike Peacock
January 13, 2015

juncker.jpg

The European Commission will unveil legislative proposals for its 315 billion euro investment plan and the findings of a public consultation on the investment elements of a planned EU-U.S. free trade deal which could significantly boost growth.

from Hugo Dixon:

Italy has no good Plan B

By Hugo Dixon
October 13, 2014

Matteo Renzi’s Plan A is to push through domestic reforms, hope the European Central Bank manages to get inflation ticking up, and keep his fingers crossed the Italian economy stops shrinking. But if this fails, a mega wealth tax, debt restructuring and/or exit from the euro beckons.

from MacroScope:

A first for British politics

By Mike Peacock
October 9, 2014

Nigel Farage, the leader of UKIP drinks a pint of beer in the Gardeners Arms pub in Heywood near Manchester

By this time tomorrow, the anti-EU United Kingdom Independence Party is likely to be celebrating its first member of the Westminster parliament. Polls have just opened in the deprived seaside town of Clacton where the sitting Conservative lawmaker switched to UKIP and called a vote.