... from the IDEApro Suite [EUR] There's more brinkmanship in Greece as party leaders are striving to form a coalition and polls reveal new elections could lead to a more difficult situation
5/14/2012 3:48:28 PM
[DEM] The heavy defeat inflicted on German Chancellor Merkel's CDU party at the assembly elections in the country's most populous state of North Rhine-Westphalia (NR-W), augurs ill for the governing party's chances at the Sep 2013 federal elections. The ruling CDU party has managed to secure some 26.3% of the vote, down from close to 35% in 2010, with the opposition centre-left party Social Democrats (SPD) securing 38.9% that should allow it to forge a stable coalition with the Greens (12.2%). Merkel's party's defeat is the worst inflicted on the CDU in NR-W since WWII. This outcome is important, as in the past election results in NRW have tended to serve as a barometer of the likely result of the ensuing federal elections.
5/14/2012 3:08:19 PM
[EUR] Please see below for a recap of today's European news for North American clients.
5/14/2012 10:53:26 AM
[EUR] Eurozone/UK FI strategy update -- pls see below.
5/14/2012 9:59:44 AM
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