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Monday, April 27

27th Apr - Eventful week ahead

Previously on MoreLiver’s:

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Harold James: Democracy Versus Growth?Project Syndicate
Europe’s ongoing malaise has reignited the old debate over which form of government produces better economic performance. Are authoritarian regimes, with their ability to ram through unpopular choices, more effective at generating growth, or does liberal democracy, with its built in checks and balances, yield greater prosperity?

Charting European profits: hope vs evidenceFT

Frances Coppola: Deutsche Bank's Record Fine Reveals Its Rotten HeartForbes

German foundation says UK may not lose much from BrexitOpen Europe

Greece: Grexit odds 30% and rising – Nordea
Yanis Varoufakis: A New Deal for Greece – Project Syndicate
Mohamed El-Erian: Europe has decoupled from Greece but investors may be too complacent – FT
Germany Prepares For exit: Greece needs ”Third, Fourth, Fifth Or Even More Bailouts" – ZH
The 'Relentless' Greek Debt Payment Schedule – ZH
Greece and the Historical Record – Marc Chandler
‘Time Is Running Out’ in Greek Bailout Talks, Says Mario Draghi – WSJ
Stephen Pope: Greece and the gamble on game theory – TF
Good To Know Eurozone Negotiations Focusing On The Really Important Stuff – Econospeak
Greece's Varoufakis Takes Hammering From Riled EU Ministers – BB
Euro Ministers Alarmed as Bloc Shuts Down Greece Plan B – BB
Germany hints at preparations of a Plan B on Greece – Reuters
Stephen Pope: Plan B – Eurozone banishment and bankruptcy? – TF
Greece’s Day of Reckoning Inches Closer as Payments Loom – BB
Euro zone warns Greece no cash till full reform deal – Reuters
Charles Wyplosz: The coming defaults of Greece – vox
Varoufakis Demoted in Reshuffle of Greece's Negotiating Team – Marc Chandler
Varoufakis "Containment" Sparks Buying-Panic In Greek Bonds – ZH
Greek Blame Game: At Whom Will History Point The Finger? – ZH
Syriza’s reshuffle: step forward a non-erratic Marxist – BBC

ECB’s Mersch: Not Punishing Countries That Break Fiscal Rules Hits CredibilityWSJ

ECB Seen Going All the Way on QE as Economists Doubt TaperBB

ECB Paper Takes Stab at Measuring 2012 Euro Break-up FearsWSJ

As Predicted, Dismal Durable Goods Sends Stocks To Record HighZH

Merrill Lynch forecasting 1.5% GDP in Q1Bill McBride
Nomura Forecast: Q1 GDP at 1.0% - Bill McBride

Just 6 ChartsZH

FOMC preview: Fed to downplay Q1 data weaknessDanske Bank

Merrill Lynch: FOMC PreviewBill McBride

Daily Central BanksWSJ
Hilsenrath’s Take: Missing From Secular Stagnation Debate, The Role of Enormous Debt * FedSpeak CheatSheet: Fed Officials Could Wait Longer to Raise Rates * Growing Doubts About China’s Growth Stats * Fitch Downgrades Japan Over Fiscal Concerns

Daily MacroWSJ
Fitch Downgrades Japan, Greece-EU Negotiations Go Nowhere

Danske DailyDanske Bank

Euro rates updateNordea

No progress on Greece, Can Greece stop rising German rates? * Fed in wait-and-see mode, Status quo may hurt USD * End of negative inflation?

Morning MarketsTF
Central banks are central stage this week as markets get ready for Wednesday's crunch FOMC meeting. The Reserve Bank of Australia's governor and his Bank of Canada counterpart are also scheduled on the speech-making circuit. In Europe, the Greek debt drama drags on and there's no sign yet of a resolution.

Daily FX CommentMarc to Market
Dollar Firmer in Quiet Turnover

Daily ShotTF
On Saturday German finance minister Wolfgang Schaeuble seemed to be playing it coy with regard to plans to address a potential Greek default, payments on IMF loans are due on 5/1 (EUR0.2bn), and 5/12 (EUR0.8bn).

Daily Press SummaryOpen Europe
Greek Finance Minister increasingly side-lined as some Eurozone members begin to raise the prospect of a Plan B for Greece * Leaked Commission document suggests less than a quarter of economic reforms have been implemented in the EU * Spain announces desire to hold chairmanship of the Eurogroup *

Equity Futures At Session Highs Following Chinese QE Hints; Europe Lags On Greek Jitters

FX UpdateTF
It should be a busy week, with four central bank meetings and Japan’s Prime Minister Abe touring the US. Expectations for the FOMC are very low, meaning it would be extremely easy for the Fed to surprise on the hawkish side.

From the Floor TF
Live and From the Floor today, China is worried about becoming the next Brazil, oil shippers are worried Yemen will become the next Syria and everyone is worried about Greece.

Martin Sandbu’s Free LunchFT
Rent controls that aren't: Both Labour and its opponents make too much of a new policy

USA:n talouskasvu kiihtyy kesään mennessä | Fedin avomarkkinakomitean kokous keskiviikkona | Saksan IFO-indeksi kohosi

Anne Brunila: "Ei ole sellaista talouspolitiikkaa, joka loisi meille uudet vientimarkkinat"TE

Talouspolitiikka ja uhkakuvatRoger Wessman

Sipilä lupasi kunnon ohjelmanHS
Juha Sipilän ajatukset pohjustavat tulevaisuuden SuomeaProfessorin ajatuksia

Hyvinvointivaltio numeroinaEVA

Kalle Isokallio: Pulaa työstä vai työntekijöistä?IL

[lehdistötiedote] Miten Suomi voidaan pelastaa – Talouspoliittinen manifesti – Libera
[raportti] Miten Suomi voidaan pelastaa – Libera
[tiivistelmä] Miten Suomi voidaan pelastaa – Libera
Nyt tuli lista Suomelle: lomia pois, työaikaa lisää, koulut maksullisiksi – TalSa
Suomen kriisin ”todellinen syy alkaa valjeta” – 15 vuoden harha – US

Vähittäiskaupan pikaennakko: maaliskuu edellisvuoden tasolla – Tilastokeskus
Kuluttajien odotukset omasta taloudesta nousussa – Tilastokeskus
Teollisuuden vaimeat näkymät vaikuttavat vientiodotuksiin – Verkkouutiset