Large aid inflows undermine tax capacity and public investment while large reductions in aid inflows tend to keep recipients’ tax and expenditure ratios unchanged. ...

IMF Working Paper - What Does Aid Do to Fiscal Policy? New Evidence

Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Νέα έκδοση Εντόκων Γραμματίων Ελληνικού Δημοσίου για ιδιώτες από τον ΟΔΔΧ

Ανακοίνωση -  ΔΙΑΘΕΣΗ ΕΝΤΟΚΩΝ ΓΡΑΜΜΑΤΙΩΝ 13 ΕΒΔΟΜΑΔΩΝ ΣΕ ΦΥΣΙΚΑ ΠΡΟΣΩΠΑ

Την Τετάρτη 15 Ιουνίου 2016, το Ελληνικό Δημόσιο θα προχωρήσει στην έκδοση εντόκων γραμματίων 13 εβδομάδων. 

Stabilizing opening is expected in the European markets .. DAX 30 short turn around ..

Market comment ..

Reuters

The Economic spreadbetter expect the FTSE 100 of Britain will open around 12 points lower, or 0.20% the DAX of Germany will open 9 points lower, or 0.10%, and France's CAC 40 will fall 10 points, or 0,2%

DAX 30

The DAX futures of ... shortly before the opening of markets driven by falling 0.24% to 10,059 m .. 60 m below the support of EMA 21 .. to 10.124 m .. following a downward path .. on the side supporting 10,040m .. in the EMA region 50 ..

The Interchange Fees Regulation will bring significant benefits for consumers and retailers, notably by reducing the costs of card payments. First of all, the capping of interchange fees should result in lower fees charged by banks to retailers for processing card payments ...EU

Brussels, 9 June 2016 European Commission - Fact Sheet -  Antitrust: Regulation on Interchange Fees

The Regulation on Interchange Fees for Card-based payment transactions entered into force in June 2015. It is aimed at addressing the widely varying and excessive hidden interchange fees which are an obstacle to the Single Market and a barrier to innovation.

From April 2015 to April 2016, nonfarm payroll employment increased in 327 metropolitan areas, decreased in 54 areas, and was unchanged in 6 areas .. USA -BLS

Publication  - Nonfarm employment increased in 327 metro areas over year ending April 2016

From April 2015 to April 2016, nonfarm payroll employment increased in 327 metropolitan areas, decreased in 54 areas, and was unchanged in 6 areas. The largest over-the-year employment increases occurred in New York-Newark-Jersey City, New York-New Jersey-Pennsylvania (+173,900), ..

Stabilizing opening is expected in the wall street .. maintained upward the short term course for Dow Jones

Market comment ..

Shortly before the opening of financial markets in wall street the futures of the main stock index Dow Jones Industrial Average recorded losses of 0.28% at 17 950 meters ... in a move that follows the oil prices after the decline that occurred earlier today .. small losses that occur in the futures of DJ .. after the gains of the previous days before disposal on a waiting attitude background communications from the FED .. next week ..

Dow Jones Industrial Average 

The American index after the breakout that occurred on 17 820 m .. based EMA 9 .. rose to the upper edge of the Bollinger Bands .. breaking 61.80% of corrective fibo .. pushing prices higher to the resistance level of 18,260 m ..