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:

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:

Some progress cited in Greek talks, but not enough

By Mike Peacock
April 22, 2015

Greek Finance Minister Varoufakis walks past  Eurogroup Chairman Dijsselbloem at a euro zone Finance Ministers meeting in Brussels

Euro zone finance deputies are due to hold talks today on how to rescue Greece but appear to have little concrete to work on with Athens yet to produce a new economic reform programme after the first one was declared full of holes.

from MacroScope:

Decision day in Israel

By Mike Peacock
March 17, 2015

Combination picture of Isaac Herzog, co-leader of the centre-left Zionist Union party, and Israeli Prime Minister Benjamin Netanyahu

Israelis are going to the polls with the last opinion polls suggesting momentum had shifted to opposition Zionist Union after weeks of running neck-and-neck with Prime Minister Benjamin Netanyahu's Likud.

from MacroScope:

Merkel, seeking firm line with Russia, meets Poroshenko

By Mike Peacock
March 16, 2015

Ukraine's President Poroshenko addresses the commemoration for people killed in anti-government protests in 2014 in Kiev

German Chancellor Angela Merkel meets Ukrainian President Petro Poroshenko in Berlin.

from Morning Bid with David Gaffen:

Outpost in Ukraine

March 11, 2015

The International Monetary Fund will decide later today whether to approve a big package of bailouts for Ukraine - provided the country, struggling with a weak economy, a sharp decline in oil prices and a conflict with Russia, can figure out a way to get about $15 billion from its creditors. Ukraine would have to keep its debt-to-GDP low enough so that the IMF doesn't feel like it's sticking its neck out too far.

from MacroScope:

Talking Turkey

By Mike Peacock
March 11, 2015

Turkey's President Tayyip Erdogan arrives for a welcoming ceremony at the Presidential Palace in Ankara

Turkish Central Bank Governor Erdem Basci will brief President Tayyip Erdogan today about sharp falls in the lira of about 12 percent versus the dollar this year which have not been helped by Erdogan's criticism of monetary policy.

from Breakingviews:

Turkey’s central bank is in a very tough spot

By Edward Hadas
March 9, 2015

By Edward Hadas

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

from The Great Debate:

Why do European Muslim girls look to Islamic State for marriage material?

By Barbara F. Walter
March 4, 2015

Handout CCTV image shows British teenage girl Amira Abase walking through security at Gatwick airport before boarding a flight to Turkey


Left to right: Kadiza Sultana, Amira Abase, Shamima Begun. The British teenagers walk through security at Gatwick airport before boarding a flight to Turkey, Feb. 17, 2015. REUTERS/Metropolitan Police/Handout via Reuters

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.