Google Analytics

Wednesday, June 20

20th Jun - Euroreforms?




Follow ‘MoreLiver’ on Twitter

EUROPE
Greece expects substantive debt relief decisions from Eurogroup – Reuters
Greece expects euro zone finance ministers to deliver on promised debt relief this week so that it can at last plan its financial future "like any ordinary country", the government spokesman said on Wednesday.

Goldman Sachs: Private Sector Must Buy 80% Of Italian Bond Issuance In 2019 – ZH

  EURO REFORMS
The Macron-Merkel Euro Plan Is Released. Here's How It Stacks Up – BB
Joint position sees ESM with bigger role, acting as backstop * Two sides agree to set up eurozone budget, no details on size

Ferdinando Giugliano: Macron Needs to Dream a Little Harder – BB
The Meseberg Declaration looks like a missed opportunity.

German finance minister defends euro reforms against conservative attack – Reuters
Germany's finance minister on Wednesday defended a euro zone reform blueprint agreed with France against criticism by Chancellor Angela Merkel's conservatives that it could undermine monetary stability.


OTHER
Chris Hughes: No More Auditors, Please – BB
The problem isn't competition. It's conflict-of-interest.


REGULARS
EU Open Rundown – RANsquawk

Market Briefing: Daily Markets Overview – Yardeni Research

FirstFT Daily Briefing – FT
Brexit vote showdown, PBoC appeals for calm, the world’s forgotten island

WSJ City – WSJ
U.S. Sees Edge in China Talks, Investors Get Off Lightly As Volatility Returns

WSJ Economics – WSJ
Trump Thinks He Has the Upper Hand In Trade Dispute

Danske Daily – Danske Bank

Daily Market Comment – Marc Chandler
Fragile Stability

Five Things You Need to Know to Start Your Day – BB

US Open – ZH
Global Markets, US Futures Rebound As Trade War Panic Fades