Greek snap elections
More Stimulus in China and Japan but a Political Turn for the Worse in Greece
December 29, 2014
Japanese Prime Minister Abe has approved a 3.5 trillion fiscal stimulus (roughly $29 billion) as part of a supplementary fiscal 2014 budget. The extra spending will help small businesses among other things. To provide more liquidity into China’s money market, the central bank there loosened rules governing the bank loan-to-deposit ratios of non-deposit-taking financial institutions. […] More
