from MacroScope:

EU forced to confront Med migrant crisis

By Mike Peacock
April 20, 2015

A rescue vessel is seen during the search and rescue operation underway after a boat carrying migrants capsized overnight, with up to 700 feared dead, in this still image taken from video

EU foreign ministers will discuss action on migration across the Mediterranean at a meeting in Luxembourg today. As many as 700 people are feared dead after a fishing boat packed with migrants capsized off the Libyan coast over the weekend.

from MacroScope:

Completing the Q1 euro zone picture

By Mike Peacock
April 7, 2015

Shoppers look for goods in a Karstadt hot deal department store in  in Frankfurt/Oder

Service sector PMI surveys for euro zone members, Britain and others in March will complete a first quarter picture which has generally shown the currency bloc outperforming the United States and China.

from MacroScope:

ECB to fill in the QE gaps

By Mike Peacock
March 5, 2015

ECB President Draghi arrives to take part in a plenary debate on the ECB's Annual Report 2013 at the EU Parliament in Brussels

The European Central Bank is holding its monthly meeting – an offsite gathering in Cyprus – and is about to commence its quantitative easing bond-buying programme.

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).