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Greek 2013 primary surplus confirmed at 1.5 bln euros

Greece’s 2013 general government (gg) deficit reached 23.11 billion euros (12.7 percent of GDP), while debt stood at 318.7 billion (175.1 percent of GDP), according to first notification released by the Eurostat today. The disclosed data confirm the press release published by the Hellenic Statistical Authority (ELSTAT) on April 14. Read more ...

via Macropolis
24 Apr 2014

Fridson: Junk Bonds ‘Extremely Overvalued,’ Triple-Cs Least Rich

Junk-bond market veteran Martin Fridson has offered a response to my latest Current Yield column, in which several unconstrained bond-fund managers say they’ve cut back on junk bonds lately, while one says the asset class is still the best value in an overbought bond market. In a typically deeply researched note, Fridson – now chief [...] [...] Read more ...

via Barrons
24 Apr 2014

The Slow Path To Recovery In Europe

At Standard & Poor’s Ratings Services, our aim is to become the leading provider of global credit benchmarks, ratings, and research. The S&P Ratings Portal delivers original videos and audio podcasts, commentaries and analyses, news and research summaries, and more. Read more ...

via Standardandpoors
24 Apr 2014

Armenia accuses Turkey of 'utter denial' on genocide

Armenian President Serzh Sarkisian on Thursday accused Turkey of an "utter denial" in failing to recognise World War I mass killings of Armenians in the Ottoman Empire as genocide, apparently brushing off Ankara's first ever offer of condolences for the tragedy. In an unprecedented move described by the United States as a historic gesture, Turkish [...] Read more ...

via Yahoo
24 Apr 2014

68% Lib Dem members say Clegg right to challenge Farage to debates on Europe (but, sorry Nick, more think he performed better)

Lib Dem Voice has polled our members-only forum to discover what Lib Dem members think of various political issues, the Coalition, and the performance of key party figures. Over 830 party members responded – thank you – and we’re publishing the full results. The Lib Dems launch our European election campaign officially today – but [...] Read more ...

via Libdemvoice
24 Apr 2014

The fight is on

The Liberal Democrats have launched their European Election Campaign today, fighting to keep Britain IN Europe and protect 3 million British jobs. Read more ...

via Libdems
24 Apr 2014