News: 2014-03-29

Europe
Euro Zone Edges Closer to Deflation - WSJ.com
"Spanish consumer prices unexpectedly fell from a year ago and German inflation edged below 1%, suggesting the euro zone is edging closer to a period of extremely low inflation or even broad-based price declines known as deflation."
Bundesbank, PBOC Sign Deal to Settle Renminbi Payments in Frankfurt - WSJ.com
ekathimerini.com | Greek bank deposits drop for a second month in February
A return to capital markets for Greek banks but no return to domestic lending | Macropolis
Spain's recession longer than thought, but close to ending | Reuters
"Gross domestic product contracted 0.1 percent in the second quarter from a quarter earlier, the National Statistics Institute (INE) said, in line with forecasts and a preliminary reading.But in...


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