Another missed Greek opportunity?

By Mike Peacock
May 11, 2015

Greek Finance Minister Varoufakis leaves the European Commission headquarters in Brussels

What had been billed as another defining moment in the Greek saga now looks like it will be another missed opportunity.

From 1992 … Why the UK pollsters got it wrong

May 8, 2015

Pollsters failed dismally to predict the strength of support for Prime Minister David Cameron’s Conservatives in this week’s national election — just as happened in 1992 when John Major scored an unexpectedly decisive victory. Here’s Reuters’ take on why the polling industry got it so wrong, 23 years ago.

After the election shock, big questions

By Mike Peacock
May 8, 2015

Britain's PM Cameron arrives with his wife Samantha at Number 10 Downing Street in London

A surprisingly decisive election win for Britain’s Conservative party has cheered financial markets and will probably allow Prime Minister David Cameron to govern unencumbered by coalition partners.

Greece points finger of blame at its creditors

By Mike Peacock
May 6, 2015

Greek Finance Minister Varoufakis leaves the European Commission headquarters in Brussels

After another day of to-and-fro on Greece’s bailout, Finance Minister Yanis Varoufakis said he expected euro zone finance ministers to acknowledge next Monday progress towards a cash-for-reform deal, opening the way to easing Athens’ liquidity crisis.

IMF playing hardball on Greece

By Mike Peacock
May 5, 2015

A man holding a Greek national flag and a placard walks in Constitution Square in Athens

We’ve heard various dates for when Greece will run out of money and some have already passed without incident but it is clear Athens’ cash position is getting increasingly desperate and it hasn’t yet managed to win over its creditors with economic reform plans.

Observations on Britain’s election

By Mike Peacock
May 1, 2015
British PM Cameron speaks during a campaign visit in Frinton-on-Sea

British Prime Minister David Cameron addresses supporters during an event in Frinton, Britain April 24, 2015. REUTERS/Toby Melville

Last TV debate over, election run-in begins

By Mike Peacock
May 1, 2015

Britain's Prime Minister David Cameron gestures as he delivers an election speech at an engineering factory in Birmingham

With most of Europe taking May Day off, the focus is firmly on pre-election Britain.

Russian rates to fall as rouble rallies

By Mike Peacock
April 30, 2015

German Chancellor Merkel and Greek Prime Minister Tsipras leave after addressing news conference in Berlin

Russia’s central bank is expected to cut interest rates today, following a sharp rally in the rouble in tandem with oil’s recovery.

Riksbank’s policy dilemma

By Mike Peacock
April 29, 2015

Riksbank Governor Stefan Ingves attends a forum organized by Mexico's Central Bank in Mexico City

Sweden’s central bank delivers its latest policy decision with many analysts expecting a further interest rate cut and an expansion of its new bond-buying programme, reflecting its fear of deflation despite solid economic growth.

Tsipras talks up May deal with creditors

By Mike Peacock
April 28, 2015

Greece's PM Tsipras, Malta's PM Muscat, EU Commission President Juncker and France's President Hollande attend an EU leaders summit in Brussels

In his first major television interview since being elected in January, Greek premier Alexis Tsipras said last night he expected a deal with creditors by May 9 and that he would call a referendum if they insist on demands that the government deems unacceptable, leaving it to the Greek people to decide which way to jump.