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Osborne confirms Eurostar sell-off

George Osborne described the sale to an Anglo-Canadian group as a “fantastic deal for UK taxpayers that exceeds expectations”. Eurostar has also agreed to redeem the government's preference share, funneling a further £172m to British taxpayers. The Government has sold off its entire stake in the Eurostar train franchise, earning the Exchequer [...] Read more ...

via Politicshome
4 Mar 2015

European session 4 March

Right, so having put the bid under GBPUSD I now turn my attention to more important matters!Here's your chance to post your brillia ... (View Article for More) By Mike Paterson [...] Read more ...

via Forexlive
4 Mar 2015

Two different classes of German teacher

Same job, same qualifications, but significant differences in pay and conditions across states and job status. As thousands of educators go on strike, Samantha Early examines the situation facing Germany's teachers. Read more ...

via Dw
4 Mar 2015

ECB Glimpse of Cyprus Debt Shows Limits of Bank Cleanup

Yet Cyprus, where non-performingexposures account for more than half the country’s loan-book,also shows how politics can get in the way of a cleanup. The challenge for the ECB is that the primacy of local lawlimits its influence over how lenders and borrowers resolvetheir differences. Its yearlong bank asset review through last October helpedesta [...] Read more ...

via Bloomberg
4 Mar 2015

The education of Alexis Tsipras

There was a defining moment in the recent election campaign. It wasn’t New Democracy’s decision to go full negative by running a campaign ad that suggested Armageddon was around the corner. Nor was it To Potami’s claim that it would unveil its plan for reaching an agreement with Greece’s lenders after the elections. Instead, it came on a mi [...] Read more ...

via Macropolis
4 Mar 2015

Europe set to open higher ahead of services PMI’s

Having come full circle from its previous peaks 15 years ago the Nasdaq Composite was unable to sustain its gains above the 5,000 level and subsequently slipped back, dragging the other US benchmarks with it. In a new month, a new week and new records, profit taking appeared to be the order of the day yesterday, as not only US markets slipped back, [...] Read more ...

via Cmcmarkets
4 Mar 2015

MrTopStep

Like the PitBull, MrTopStep started writing down patterns and rules he has seen and developed, but like the sands of time, some just don’t work as well as they used to. Jeroen Dijsselbloem, who chairs the euro zone finance ministers’ group said the same thing. Euro zone inflation for the most part has come in on consensus or weaker than forecas [...] Read more ...

via Mrtopstep
4 Mar 2015

Investment pact with EU set to be concluded

Beijing and Brussels are soon expected to conclude an investment pact, European Parliament President Martin Schulz told China Daily in an exclusive interview. "We expect to have an ambitious investment agreement, which aims to create a better environment for EU investors in China and vice versa," he said. As to Beijing's proposal to launch feasibil [...] Read more ...

via Chinadaily
4 Mar 2015

MrTopStep

Like the PitBull, MrTopStep started writing down patterns and rules he has seen and developed, but like the sands of time, some just don’t work as well as they used to. For first time in years, euro economy starts surprising on upsideby BusinessInsider.com : Chinese economic growth slowed to 7.4 percent in 2014, the weakest in 24 years, and its c [...] Read more ...

via Mrtopstep
4 Mar 2015

Reply by Foreign Ministry Spokesman Alexander Lukashevich to a media question concerning the ban on entry into Russia for Member of the European Parliament...

Reply by Foreign Ministry Spokesman Alexander Lukashevich to a media question concerning the ban on entry into Russia for Member of the European Parliament for Latvia Sandra Kalniete 380-03-03-2015 Question: How would you comment on the fact that Member of the European Parliament for Latvia Sandra Kalniete, who arrived in Moscow to attend the funer [...] Read more ...

via Mid
4 Mar 2015

European Union

According to the IUCN European Red List assessment of the conservation status of around 6,000 European species, more than 24% of European animal species are now threatened with extinction. The European Union (EU) has some of the world’s highest environmental standards, and its EU environmental policies help to protect Europe’s natural capital, [...] Read more ...

via Iucn
4 Mar 2015

Osborne confirms Eurostar sell-off

Join over 200 cyber security professional at the 2nd Annual Cyber Security Summit Chancellor George Osborne described the sale as a “fantastic deal for UK taxpayers that exceeds expectations”. Last year, 81% of large organisations and 60% of small organisations in the UK reported a cyber security breach. The government's 40% stake will be taken [...] Read more ...

via Civilserviceworld
4 Mar 2015

This is nuts, where have all the bonds gone?

“It’s official, there are no more sellers of bonds.” An investor told us yesterday, and he’s not alone. Bond buying on ECB QE, the Greek loan extension and recent growth data in the periphery has transformed itself into bond hoarding.- RBS' Alberto Gallo and team [...] Read more ...

via Ft
4 Mar 2015