Monthly Archives: January 2015

So ECB pumps 60bn euro monthly while Greeks…

“Withdrawals from Greek banks exceeded 14 billion euros ($15.9 billion) in the run-up to the snap elections that catapulted the anti-bailout Syriza party to power, including 11 billion euros that were taken out in January, the person said. Between Jan. … Continue reading

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“Euro is like hotel California…

…you can check out any time but you can never leave” says a new Greek minister of finance, professor of economics at the University of Athens. Read more at:

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European court says Yes to QE ‘bazooka’

“Plans for a full-scale money-printing operation to spur growth and inflation in the struggling eurozone cleared a legal hurdle yesterday after a favourable verdict from the European Court of Justice.”

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