Euro falls heavily across the board after Greek, French votes cast doubt on politicians’ commitment to austerity
Swiss inflation more or less flat m/m; down 1 pct y/y = rationale for franc cap vs euro
Italian services activity shrank for the 11th month running in April; Spain’s for the 10th month
German private sector expansion almost ground to a halt in April, PMI shows
Euro zone’s vast services sector shrivelled at a much faster rate in April than initially thought ᰀ
ECB monthly meeting in Barcelona today. Sure the Spanish will roll out the red carpet.
English speakers are being somewhat amused that the first name of the new central bank chief from Cyprus is Panicos
LONDON (Reuters) – A chat with Ian Anderson – flautist, multi-instrumentalist, founder and wild face of British rock group Jethro Tull – does not go quite as expected.
Yes, there is discussion of his music, the 40th anniversary world tour of the progressive rock classic “Thick As A Brick”, and of its 2012 follow up. But there is also a lot more about flutes in space, an unlikely link with the George W. Bush White House – and the importance of prostate examinations.