67
67
Mar 13, 2015
03/15
by
BLOOMBERG
tv
eye 67
favorite 0
quote 0
they do not need that much more extra ela access. there's concern from the germans that ela may be being abused. and there is a danger it could turn into monetary financing. have a listen. mr. weidmann: ela is a emergency liquidity strategy. it covers temporary liquidity needs. it can only be granted to sovereign banks. both of these conditions have to be met and we have to respect the other conditions. we cannot allow monetary financing. the judgment of the situation where a government is unable to tap the market, banks are unable to tap the market there are concerns about monetary financing. hans: some very serious central-bank talk from mr. weidmann. he is weighing in on the back-and-forth between mr. schaeuble and mr. varoufakis. if i call you naive and i also called you foolishly naive which would you be more offended by? francine: naive is probably just as cutting. depends on what you call me naive for. if it was something on the markets i would be offended. if it was something i should not be knowing about i would not be offen
they do not need that much more extra ela access. there's concern from the germans that ela may be being abused. and there is a danger it could turn into monetary financing. have a listen. mr. weidmann: ela is a emergency liquidity strategy. it covers temporary liquidity needs. it can only be granted to sovereign banks. both of these conditions have to be met and we have to respect the other conditions. we cannot allow monetary financing. the judgment of the situation where a government is...
63
63
Mar 26, 2015
03/15
by
BLOOMBERG
tv
eye 63
favorite 0
quote 0
get a deal, because otherwise ela will come to an end.onathan: our european central bank editor joining us from frankfurt. marcus joins us from our athens bureau. n everyo day we seem to hear about mor noe novel ideas that we have no answer for the crucial question -- where is the money coming from for the greek government carry on funding each -- carryon funding itself? marcus: we do not know how much money greece has exactly. april is less hard than marc march was a very hard month. h. how much money is left metaphorically speaking in the bank for the government to get through these commitments. there are certain indications probably without money from somewhere they will not be able to get through april. really one avenue after another is shot -- being shut. the 1.2 billion rebate of money they gave back from the bank recap bfund. it always looks like a hail mary pass. it was rejected. the only avenue the bank holds is submit the reforms, go through the technocratic rosses -- process, in due course he will get a funding disbursement if
get a deal, because otherwise ela will come to an end.onathan: our european central bank editor joining us from frankfurt. marcus joins us from our athens bureau. n everyo day we seem to hear about mor noe novel ideas that we have no answer for the crucial question -- where is the money coming from for the greek government carry on funding each -- carryon funding itself? marcus: we do not know how much money greece has exactly. april is less hard than marc march was a very hard month. h. how...
84
84
Mar 13, 2015
03/15
by
BLOOMBERG
tv
eye 84
favorite 0
quote 0
this is just in ela. you add in some other 38 billion they took through normal financing windows.indow that was still available for them because they can use the paper as collateral on death. -- on debt/. now, the question is, and mr. weidmann warns the banks on this, that they shouldn't be loading up on greek debt. they shouldn't be buying these t-bills because that could be uncertain debt. you are starting to hear a little more pressure from frankfurt on the health and safety of the greek banks. we will be following this going forward and try to get more up-to-date on how it closed in february and if there is any appetite to increase the other day when they need next week. jonathan: hans nichols, thank you for joining us. that is almost it for "on the move." for our viewers, "the pulse" is coming up. let's recap the huge week we've had for markets in europe. mario draghi and the european central bank launch the qe offensive. look at these moves. that is euro-dollar on your screen. we dropped below 1.05 this week. we are still flirting with 12-year lows. here's the picture of the
this is just in ela. you add in some other 38 billion they took through normal financing windows.indow that was still available for them because they can use the paper as collateral on death. -- on debt/. now, the question is, and mr. weidmann warns the banks on this, that they shouldn't be loading up on greek debt. they shouldn't be buying these t-bills because that could be uncertain debt. you are starting to hear a little more pressure from frankfurt on the health and safety of the greek...
734
734
Mar 23, 2015
03/15
by
KSTS
tv
eye 734
favorite 0
quote 0
vientos dejaro dejaron una estela de destruccio destrucciondest su paso y algunas comunidades perdieron elafuerza. >> el papa fcorancisco en medi ode aplausos beso la reliquia que co contiene la sangre del arzobispo arzobispo, el dijo que la sangre se habiÍa vuelto parcialmente liq liquida, esto no ocurirda a delante de un papa desde 1947.8. >> hoy se celebra el dÍa dintern internacional del agua, justo cu cuando las naciones unidas dijo que losi los paisÍses no toma accioÓn la demanda global tomara seserÁ de 40 vec veces la actual. de 54 4 a 6 millo millones mueren cada aÑo en l m mundo paror enfermedades vinculad vinculadas a la falta de agua ap apta. >> zefras, jirafas y elefantes q que formaban parte de l circo en mÉxico. >> recuerdo cuando no le hubiera dado importancia a una pequeña cortadura. cuando no me preocupaba la hepatitis c en mi sangre. o cuando no pensaba dos veces dónde dejaba mi navaja de afeitar. la hepatitis c es una enfermedad grave. ¡actúe ya! visite hepc.com/es o llame al 844-276-hepc para saber cómo con su médico podrían dar el siguiente paso hacia una cura. porque l
vientos dejaro dejaron una estela de destruccio destrucciondest su paso y algunas comunidades perdieron elafuerza. >> el papa fcorancisco en medi ode aplausos beso la reliquia que co contiene la sangre del arzobispo arzobispo, el dijo que la sangre se habiÍa vuelto parcialmente liq liquida, esto no ocurirda a delante de un papa desde 1947.8. >> hoy se celebra el dÍa dintern internacional del agua, justo cu cuando las naciones unidas dijo que losi los paisÍses no toma accioÓn la...
131
131
Mar 12, 2015
03/15
by
WPVI
tv
eye 131
favorite 0
quote 0
animates film hit the theaters they team up to tell a modern version of the tale, the young girl of ela, a girl whose father passes away and leaves her in the hands of her stepmother. some local princesses in waiting got a first look at the movie and the horticultureal society hosted the movie to celebrate the success of this year's flower show. now, two things to be excited about, before cinderella is the new short frozen fever disney of course is the parent company of 6 abc, and speaking of midnight, i think that someone left a shoe behind in the studio. i don't know sara if it's your size it looks like a 7. >> it's actually mine. >> rick says it's his. >> the studio sent this to us i don't know if it's the actual shoe. >> thank you alicia. well, president obama is headed to late night the president will make an appearance tonight on jimmy kimmel live, the second time that president obama is a guest on kimmel's show, he visited the show via satellite in 2008 when he was running for office. you can watch kimmel here on 6 abc after "action news" at 11:00. (woman) ready for another game?
animates film hit the theaters they team up to tell a modern version of the tale, the young girl of ela, a girl whose father passes away and leaves her in the hands of her stepmother. some local princesses in waiting got a first look at the movie and the horticultureal society hosted the movie to celebrate the success of this year's flower show. now, two things to be excited about, before cinderella is the new short frozen fever disney of course is the parent company of 6 abc, and speaking of...
225
225
Mar 2, 2015
03/15
by
KDTV
tv
eye 225
favorite 0
quote 0
chelsea para llevar titulos a las vitrinas de los blues comenzo el camino copa inglesa cocel di el so elaensando que para dar un paso hacia el tÍtulo, que se estarÁ jugando en las casa de los catalanes el 22 de marzo. ayer fueron al estadio los nuevos incidieron la editora tres a uno ir a messi sigue a tres goles de cristiano ronaldo. llego h si para llevar tÍtulos a los vitrinas, despuÉs diego foster con el disparo y el desvÍo de claro cualquier chance, en los muros levantaron la copa y vencidos en la premier, mama felicidades a los aguiluchos de ello es el que ganarÁn a luis Ángel y con estas imÁgenes nos despedimos si es que se puso, bueno gracias a la identidad de los aguiluchos taqueros aportaron el privilegio de sacar el saque de honor quienes llenaron el hermano haciendo de este sÁbado un una noche de fiesta del fÚtbol, asÍ nos despedimos muchas gracias por su atenciÓn buenas noches... ♪♪ domingo 1 de marzo y estas son las principales noticias. se habla de un posible enfrentamiento entre bandas criminales. impactantes imÁgenes de vÍdeo muestran la forma en que agentes de policÍa en
chelsea para llevar titulos a las vitrinas de los blues comenzo el camino copa inglesa cocel di el so elaensando que para dar un paso hacia el tÍtulo, que se estarÁ jugando en las casa de los catalanes el 22 de marzo. ayer fueron al estadio los nuevos incidieron la editora tres a uno ir a messi sigue a tres goles de cristiano ronaldo. llego h si para llevar tÍtulos a los vitrinas, despuÉs diego foster con el disparo y el desvÍo de claro cualquier chance, en los muros levantaron la copa y...
164
164
Mar 31, 2015
03/15
by
BLOOMBERG
tv
eye 164
favorite 0
quote 0
the ela isn't it? +++ anna: the departure of the head of its markets unit. that is according to people familiar with the matter. hsbc has been slow to -- a report has found. the report says it is falling short of its agreement with the u.s.. ahead head of scotland security unit is leaving the country. you can find much more on all these stories at bloomberg.com. mark: join us all in the twitter sphere. --manus: join us all on the twitter sphere. there is another barton in the family. congratulations. anna: coming up greek stocks heading for a fourth quarter of losses. after the break, we will ask our guest why investors can't keep their hands off these volatili ties. ♪ mark: the greek prime minister is looking for a consensus in parliament after his proposals for a bailout failed to satisfy european creditors. i have been away for a week -- what has changed? jen: i think the key thing to understand is that it is a political discussion, which means it takes a lot of time to get these things through. it is a bit frustrating because we all get excited and we he
the ela isn't it? +++ anna: the departure of the head of its markets unit. that is according to people familiar with the matter. hsbc has been slow to -- a report has found. the report says it is falling short of its agreement with the u.s.. ahead head of scotland security unit is leaving the country. you can find much more on all these stories at bloomberg.com. mark: join us all in the twitter sphere. --manus: join us all on the twitter sphere. there is another barton in the family....
136
136
Mar 12, 2015
03/15
by
KYW
tv
eye 136
favorite 0
quote 0
. >> reporter: christine nichols daughter ela started at 19 months old. >> it is good physical therapy for them, really good for following directions and that was within of the main things we all wanted to does as parents was get our children involved in the structured environment. >> reporter: chrissy asked three of her older students to pair with them as buddies and mentors. what is the best part about it. >> just the smile on their face i think. >> very heart warming. >> reporter: older girls from celtic flame perform every year in the parade but for the first time this year dancers from her most special class will be also be in the parade riding on than a float. >> will do you that in the parade. >> yes. >> reporter: are you going to wave. >> yes. >> reporter: blow kisses. >> yes. and hugs. >> reporter: you love hugs. >> yeah. >> reporter: hugs and maybe a little dancing than that float. >> that is great. >> that is fantastic. >> that was the best hour of half i spent. got so many hugs and kisses. they were so happy and excited to be part of the parade. can't wait to see them ride
. >> reporter: christine nichols daughter ela started at 19 months old. >> it is good physical therapy for them, really good for following directions and that was within of the main things we all wanted to does as parents was get our children involved in the structured environment. >> reporter: chrissy asked three of her older students to pair with them as buddies and mentors. what is the best part about it. >> just the smile on their face i think. >> very heart...
328
328
Mar 12, 2015
03/15
by
KSTS
tv
eye 328
favorite 0
quote 0
(vo) dicen que entienden las condiciones en las que esta trabajando en este momento los oficiales d ela ciudad refiriendose a la escases de agentes y las reducciones a sus salarios y prestaciones sin emabrgo creen que el departamento de policia tiene una percepcion equivocada de nuestra comunidad y especialmente los jovenes.... una de las soluciones a este problema concluyeron es el dialogo con las autoridades... (sot) 15:06 para poder cambiar eso nosotros como lideres tenemos que involucrarnos... 15:24 en la comunidad... (vo) y por ello estan planeando otras reuniones comunitarias en las que esten presentes tambien representantes de la corporacion policiaca.... sandra el asunto es que necesitan que la comunidad este presente que asi como el dia de hoy tuvieron un gran numero de asistentes que pasen la voz y que se organizen con sus vecinos para que acudan a estos eventos y hagan escuchar su voz especialmente las comunidades que se sienten mas vulnerables como la hispana... cesar ---continuan las protestas por la muerte de un joven guatemalteco a manos de la policia de san francisco hac
(vo) dicen que entienden las condiciones en las que esta trabajando en este momento los oficiales d ela ciudad refiriendose a la escases de agentes y las reducciones a sus salarios y prestaciones sin emabrgo creen que el departamento de policia tiene una percepcion equivocada de nuestra comunidad y especialmente los jovenes.... una de las soluciones a este problema concluyeron es el dialogo con las autoridades... (sot) 15:06 para poder cambiar eso nosotros como lideres tenemos que...
372
372
Mar 4, 2015
03/15
by
KSTS
tv
eye 372
favorite 0
quote 0
--el promotor oscar d ela hoya presento hoy el duelo de saul "el canelo" alvarez contra el estadounidensemayo... --y mire usted ambos lucieron la camiseta de los astros de houston pues sera precisamente en su escenario donde se disputara el combate... --aqui esta el canelo.... vo blanca --- el departamento de alimentos y medicinas lanz una alerta hoy sobre los riesgos de ciertos productos con testosterona para hombres. --- y es que el uso de estos medicamentos ha aumentado en los ltimos aÑos para tratar fatiga bajo l'ibido y otros efectos del envejecimiento. --- la fda alert a los doctores sobre la prescripcin de estos productos hasta que se investiguen factores de riesgo como ataques al corazn, apopleja y hasta la muerte. vo cesar --- ms gatos que gente!!!... la super poblacin de felinos pone en alerta a las autoridades de una isla... en instantes le diremos dnde... end segment los cigarrillos no sólo son peligrosos cuando son fumados, son peligrosos mucho después. las colillas de cigarrillos son tóxicas. sueltan químicos que envenenan el agua y dañan la fauna. y millones están contamina
--el promotor oscar d ela hoya presento hoy el duelo de saul "el canelo" alvarez contra el estadounidensemayo... --y mire usted ambos lucieron la camiseta de los astros de houston pues sera precisamente en su escenario donde se disputara el combate... --aqui esta el canelo.... vo blanca --- el departamento de alimentos y medicinas lanz una alerta hoy sobre los riesgos de ciertos productos con testosterona para hombres. --- y es que el uso de estos medicamentos ha aumentado en los...
362
362
Mar 14, 2015
03/15
by
KDTV
tv
eye 362
favorite 0
quote 0
ela queda a merced de su madrastra. conoce a un valiente galÁn en el bosque.lidad no me los puse porque no me quedaban. estÁn hecho de cristal asÍ que serÍa imposible usarlos porque se romperÍan y son muy costosos. me expusieron a los pies digitalmente por medio de efectos especiales. >> narrar historia de una joven que aterradora trasformaciÓn despuÉs de encuentro Íntimo. comienza a tener extraÑas visiones y persecuciÓn de que alguien o algo le persigue. deberÁ encontrar una manera de escapar de esos gorros hechos. este fin de semana top 5 con chris y escenas muy explÍcitas. la Última vez que veremos en pantalla al nuestro querido robin williams bÁrbara: vamos a una pausa y al regresar quiÉn serÁ la ganadora del reto de impacto? tambiÉn verÁn las hazaÑas de un hombre al que no hay pied ¿quieres volumen de salón de belleza? nuevo suave professionals blow dry spray activado con calor para 24 horas de volumen. como si acabara de salir del salon de belleza. suave professionals® funciona tan bien como las marcas de salon. suave. ♪ ♪ cuando llega la cerveza más ref
ela queda a merced de su madrastra. conoce a un valiente galÁn en el bosque.lidad no me los puse porque no me quedaban. estÁn hecho de cristal asÍ que serÍa imposible usarlos porque se romperÍan y son muy costosos. me expusieron a los pies digitalmente por medio de efectos especiales. >> narrar historia de una joven que aterradora trasformaciÓn despuÉs de encuentro Íntimo. comienza a tener extraÑas visiones y persecuciÓn de que alguien o algo le persigue. deberÁ encontrar una...
485
485
Mar 24, 2015
03/15
by
WUVP
tv
eye 485
favorite 0
quote 0
jorge: ha estado a travÉs d elas redes.rance local. se sabÍa lo que iba a pasar, ryan sangre el edificio para continuar el vehÍculo que abandonaba la zona. cuando de repente al intentar girar invade el carril contrario. inevitablemente la camioneta se estrella contra un vehÍculo. se acercan a la escena para ver y ayudar a salir a la mujer y conducÍa el coche. y reclaman al conductor que aparentemente estaba ebrio. el vÍdeo se hizo viral en pocas horas. y ha generado muchas polÉmicas en yotube. comentaron que era un idiota con solo llamar a la policÍa. en lugar de grabar vÍdeo o actuar como una especie de hÉroe. otro comentÓ, creo que llamar a la policÍa serÍa mejor. ryan que se quedÓ en la escena hasta que llegaron las autoridades se defendiÓ ante estos comentarios. estoy impresionado por lo que dicen. hubo personas que trataron de evitar y fue en vano. su novia estaba con Él en el auto. y ella debiera tenerlo. no es nuestra responsabilidad de tener a un hombre adulto borracho. la hermana de la vÍctima saliÓ en su defensa y
jorge: ha estado a travÉs d elas redes.rance local. se sabÍa lo que iba a pasar, ryan sangre el edificio para continuar el vehÍculo que abandonaba la zona. cuando de repente al intentar girar invade el carril contrario. inevitablemente la camioneta se estrella contra un vehÍculo. se acercan a la escena para ver y ayudar a salir a la mujer y conducÍa el coche. y reclaman al conductor que aparentemente estaba ebrio. el vÍdeo se hizo viral en pocas horas. y ha generado muchas polÉmicas en...
74
74
Mar 22, 2015
03/15
by
KTVU
tv
eye 74
favorite 0
quote 0
people handed over the guns no questions asked at the ela hill community center. people got cash in exchange. most got $100 but assault weapons were $200. 92 guns were turned in. the event was funded by donations from marijuana clubs and silicon valley investor ron conway. >>> gun violence was the top talk today as barbara lee heard from constituents in oakland. members oof the audience raised a vurity of issues from trade deals to gentrification. they are most worried about neighborhood safety. >> young people deserve not to be victims of this senseless terrible gun violences taking place and how we make sure the young people have the best possible education. >> reporter: congress woman added while many see washington as dysfunctional a lot is happening in the east bay to move forward with local issues. >>> she was shot by the taliban while promoting education for girls and now she is coming to speak at a bay area university. malala will appear at san jose state on june 26. tickets for the event were on sale today. you may remember three years ago in pakistan she
people handed over the guns no questions asked at the ela hill community center. people got cash in exchange. most got $100 but assault weapons were $200. 92 guns were turned in. the event was funded by donations from marijuana clubs and silicon valley investor ron conway. >>> gun violence was the top talk today as barbara lee heard from constituents in oakland. members oof the audience raised a vurity of issues from trade deals to gentrification. they are most worried about...
78
78
Mar 30, 2015
03/15
by
BLOOMBERG
tv
eye 78
favorite 0
quote 0
we just heard about that ela being up again. all it means is more and more of the private sector claims vis-a-vis big government are being funneled into the official sector, be it the bank or for the europeans. this is like a sunol me. you feel more secure. obviously if there would be an exit, or any sort of rearrangement. that wave would fall back pretty quickly we suspect on other european numbers. >> let's switch gears and talk about the u.k.. the election campaign kicks off officially today though it feels like we have been talking about them for a long time already. ed miliband will be speaking later today and he will be saying that it is important that the u.k. stay in the eu. what does goldman sachs think on whether they should stay or not. is there an economic argument that you can make around? guest: there is a great incentive for the u.k. to stay in the european union. we have seen a continuous deepening of the relationships between the u.k. and the continent. obviously the continent is doing its own thing. succumbing
we just heard about that ela being up again. all it means is more and more of the private sector claims vis-a-vis big government are being funneled into the official sector, be it the bank or for the europeans. this is like a sunol me. you feel more secure. obviously if there would be an exit, or any sort of rearrangement. that wave would fall back pretty quickly we suspect on other european numbers. >> let's switch gears and talk about the u.k.. the election campaign kicks off officially...
447
447
Mar 4, 2015
03/15
by
KSTS
tv
eye 447
favorite 0
quote 0
--el promotor oscar d ela hoya presento hoy el duelo de saul "el canelo" alvarez contra el estadounidenseron la camiseta de los astros de houston pues sera precisamente en su escenario donde se disputara el combate... --estas fueron sus palabras... --llego el momento de su majestad el gol... --tarde de visitantes en la copa libertadores --llego el momento de su majestad el gol... --tarde de visitantes en la copa libertadores vamonos con las jugadas... -- estadio policeportivo de cachamay universitario de bolivia contra mineros de venezuela y necesitaron 70 minutos para que leo castro tome el rebote de uribe y venza al once venezolano... take vo angel --vamonos a ecuador --estadio monumental ,barcelona contra libertad de paraguay --y son precisamente los guaranies quienes a trompicones, mirelo ahi, como sin querer queriendo "ricalde ramirez" cruza para el uno a cero. --libertad suma de a tres en la copa libertadores 2015 take vo angel --ya quedo arreglado... --y recuerde que no hay fecha que no se cumpla... --mexico y honduras se veran las caras el proximo primero de julio en la ciudad de
--el promotor oscar d ela hoya presento hoy el duelo de saul "el canelo" alvarez contra el estadounidenseron la camiseta de los astros de houston pues sera precisamente en su escenario donde se disputara el combate... --estas fueron sus palabras... --llego el momento de su majestad el gol... --tarde de visitantes en la copa libertadores --llego el momento de su majestad el gol... --tarde de visitantes en la copa libertadores vamonos con las jugadas... -- estadio policeportivo de...
573
573
Mar 17, 2015
03/15
by
WTXF
tv
eye 573
favorite 0
quote 0
police were called to the 4600 block of ela street just before two and rush the victim to temple university hospital. investigators tell us that he was shot once in the head and then once in the chest and then twice in the back. the motive was not immediately clear. >>> philadelphia police investigating a deadly shooting in the cobbs creek section of the city. a 19 year-old man was shot twice in the head on the 6,000 block of irving street last night. he later died at the hospital this morning no arrests have been made. if you have any information you are canned to call police. >>> investigators are searching for a man they believed stabbed an ice cream delivery man. this happened on the college campus yesterday. >> it has been a violent 24 hours. the lets go to fox 29's jennifer joyce live at lasalle university with more. evidently the suspect is still out there jen. >> reporter: the the suspect is still out there. this stabbing happened inside a dining hall on campus at 2:00 o'clock yesterday afternoon and that rattled students and had them scared and nervous. but they tell us they feel o
police were called to the 4600 block of ela street just before two and rush the victim to temple university hospital. investigators tell us that he was shot once in the head and then once in the chest and then twice in the back. the motive was not immediately clear. >>> philadelphia police investigating a deadly shooting in the cobbs creek section of the city. a 19 year-old man was shot twice in the head on the 6,000 block of irving street last night. he later died at the hospital this...
70
70
Mar 25, 2015
03/15
by
CNBC
tv
eye 70
favorite 0
quote 0
greek debt crisis, the european central bank raising the cap on emergency liquiditity assistance or ela's called for the greek banks and can draw above 71 billion euros, previously from the ecb according to the reuters which quotes a banking source. the greek government was told once again, they must pass reforms that are acceptable to lenders before they get any lender to help them pay their bills. a source leaked to reuters yesterday that government could run out of money by april 20th. that actually sounds optimistic. at least according to deutsch bank which told clients today, quote, a 460 million euro repayment to the imf on april 89th what is could push greek governments into default. warren buffet weighing in on the crisis this morning when asked about whether or not greece will stay in the euro he declined to give a direct response but did say he was confident regardless the currency will survive. >> i'm not saying the euro won't continue because i think the odds are good it will, but i think more will be needed to make it really function well and i think the greek situation jus
greek debt crisis, the european central bank raising the cap on emergency liquiditity assistance or ela's called for the greek banks and can draw above 71 billion euros, previously from the ecb according to the reuters which quotes a banking source. the greek government was told once again, they must pass reforms that are acceptable to lenders before they get any lender to help them pay their bills. a source leaked to reuters yesterday that government could run out of money by april 20th. that...
176
176
Mar 20, 2015
03/15
by
BLOOMBERG
tv
eye 176
favorite 0
quote 0
for the banking sector in terms of the solvency which would be the trigger for the ecb to stop the ela i think it is a political decision, whether they like it or not. they are on standby and are watching what politicians do. it is not an ecb decision. it's a political decision. >> what is in ecb decision is the projections. you are saying they are far too optimistic. perhaps he is being too hopeful. talk us through. why do you think he is too hopeful? >> it is interesting. it comes right at the end. i have about half of the forecast. the question is who is going to win in terms of rising inflation. whether we get enough wage growth, we think we need between 100 basis points and 150 basis points to achieve what the ecb wants to have in terms of core inflation forecast. we think it is a low likelihood. we have five years of relatively strong recovery. there is no sign after five years of declining rate quarter after quarter there is much movement on wage inflation. i think it is a reasonable bet to assume wage growth is not going to do that on the ecb. mark: thanks a lot. manus: the new
for the banking sector in terms of the solvency which would be the trigger for the ecb to stop the ela i think it is a political decision, whether they like it or not. they are on standby and are watching what politicians do. it is not an ecb decision. it's a political decision. >> what is in ecb decision is the projections. you are saying they are far too optimistic. perhaps he is being too hopeful. talk us through. why do you think he is too hopeful? >> it is interesting. it comes...
213
213
Mar 26, 2015
03/15
by
BLOOMBERG
tv
eye 213
favorite 0
quote 0
the latest increases mean that the ela is up by more than 10 billion euros since greece was cut off from regular financing operations. they are still not huge amounts. all the ecb is trying to do is to compensate in a positive outflows, which have been caused by true the uncertainty of the greek reform, but not to give them so much money that they can effectively bail out the government on their own. he probably has to do that. by saying last night this is an historical opportunity for the government which should not be missed. he said stronger reforms are needed in the option is to implement them and he says they would he backed by a large majority of forces in the country. he said the government is very close -- his words, to an agreement. we are not hearing the same optimism from the other countries at the moment. caroline: anymore plans for talks, we understand that we have the meetings between merkel and the prime minister earlier this week, but will there be far more meetings and calls going on because the clock is ticking. we have until monday. >> there have been a lot of deadline
the latest increases mean that the ela is up by more than 10 billion euros since greece was cut off from regular financing operations. they are still not huge amounts. all the ecb is trying to do is to compensate in a positive outflows, which have been caused by true the uncertainty of the greek reform, but not to give them so much money that they can effectively bail out the government on their own. he probably has to do that. by saying last night this is an historical opportunity for the...
75
75
Mar 2, 2015
03/15
by
BLOOMBERG
tv
eye 75
favorite 0
quote 0
guest: at the moment, the greek banking system is borrowing from the ecb through the ela in numbers whichto 100 million euros. we have a sense of how this number was a few months ago. according to fiscal data, it was about 45 billion euros in november. we had a significant deterioration in the liquidity condition of the bank banking system. it was partially driven by the outflow of deposits, but also affected by termination of interbank lines and the need of greek banks to absorb more treasury bill issuance. francine: all right, thank you for your time. fokion karavias speaking to bloomberg exclusively. back in just a couple minutes. ♪ >> i still see the domestic market as pretty strong because of the valuation of the ruble and i see -- [indiscernible] it will be a while until they come back to europe. i still think they are in terms of luxury one of the best consumer groups. francine: that was the salvatore ferragamo ceo. guy: coming up, we go back to the mobile world congress in barcelona where we are going to speak to the ceo -- the cfo of sp micro electronics. francine: we will also b
guest: at the moment, the greek banking system is borrowing from the ecb through the ela in numbers whichto 100 million euros. we have a sense of how this number was a few months ago. according to fiscal data, it was about 45 billion euros in november. we had a significant deterioration in the liquidity condition of the bank banking system. it was partially driven by the outflow of deposits, but also affected by termination of interbank lines and the need of greek banks to absorb more treasury...