Greece may need third bailout package despite bond sales

Source: Bloomberg
Despite a successful return to debt markets earlier this year, Greece may receive a third bailout loan from EU/IMF as soon as the next year. Such a view is supported to 60% of analysts. IMF forecasts the Greek budget to have a 12.6 billion euro gap next year, while such amount of money cannot be raised with a small yield, which has already been around 5% at April bonds' sale.
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Fri, 18 Jul 2014 13:07:13 GMT

U.K. currency is expected to appreciate against Euro

Trading patterns point at a possibility of the Pound strengthening against the 18-nation currency and predict around a 2% increase to 77.55 pence per Euro. The Sterling has risen 5% against the common currency this year so far and could potentially show strongest annual growth since 2009. Economists project more than 1% appreciation against the Euro until the end of the fiscal year. 

Fri, 18 Jul 2014 12:56:17 GMT

Growth slightly lower than 7.5% is not an issue

China's Prime Minister Li Keqiang argued today the economic growth slightly beneath or above 7.5% will be satisfactory, whilst it increases the employment and drives up the salary levels. Accordingly to the official, China's economy is expected to rise at least 7.5% this year, despite an unconvincing start of the fiscal year.  

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