Japan: With fresh mandate, can Abe deliver on third arrow?
The landslide election victory for Shinzo Abe’s Liberal Democratic Party-led coalition gives the Japanese Prime Minister a fresh mandate for Abenomics, his ongoing effort to spur the economy, but market observers remain divided over his ability to deliver on the elusive ‘third arrow’ of his plan. (Source: CNBC)
Europe: The eurozone crisis – history is repeating itself… again
The longer the eurozone crisis drags on the bigger the benefit for parties su chas Ukip – if only Europe could recognise and learn from its mistakes. (Source: Guardian)
Italy: Italian PM Renzi calls on factious party to unite for reforms
Italian prime minister Matteo Renzi called on his ruling party on Sunday to unite behind measures he has pledged to breathe life into the euro zone’s third-biggest economy after years in or near recession. (Source: Reuters)
Greece: Samaras meets Finance Ministry officials to discuss outstanding troika issues
Prime Minister Antonis Samaras is due to meet Finance Ministry officials on Monday to discuss the next steps Greece has to take towards closing out the ongoing troika review. (Source: ekathimerini).
Australia: Australian Budget Gap Widens More Than Forecast on Iron Ore
The Australian government forecasts a wider and expected budget deficit this year as the price of iron drops and spending cuts are blocked by opposition lawmakers. (Source: Bloomberg)