Obviously he hasn’t had his trading screen on for a few days nor seen Greek bond yields today

;-)
  • EU must be attentive to the markets
  • See indications suggesting slower global growth

Speaking of Greece, the EU is out saying that they see strong evidence that Greece has turned a corner and they want to smooth Greece’s path back to full market access. With Greek borrowing costs up to 9% currently they’re going to need a steamroller to do their smoothing.