European Central Bank Suspends Use of Greek Bonds as Collateral

Great days friends, some snow and rain still coverage our area, before we jumped to European Central Bank update news, from Dublin we reported, Ireland to test voters' appetite for fiscal union, Failure would not only raise questions about Ireland's future, but also the speed at which economic and fiscal convergence in Europe can continue repeatedly

Meanwhile, Christiano Ronaldo countries Portugal faces slow journey out of recession, Even as international lenders commend Portugal's progress, doubts remain over the country's ability to regain access to debt markets in 2 years and still going on for the next years

For investors and traders, Beware sovereign stress if ECB backdoor bet backfires, One asset that is not on the balance sheet is the ethereal and fickle one of credibility agreement by Eurozone, it represents Europe banks hungry for second helpings, The ECB's cheap loans programme has had a big impact on sentiment, with Italian and Spanish bonds rallying

European Central Bank suspends use of Greek bonds as collateral, Central bank's move highlights eurozone authorities' slowness to enact measures agreed to support the Greek debt swap

Some bright side of Eurozone, ECB liquidity plan aids rush for EU bonds, The EU raised €3bn in 20-year bonds with order books rising above €5bn as yields priced at about 3.4% over German bonds of a similar maturity, hopes will be great day by day