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Increased attention to the ECB meeting and press-conference of Mario Draghi

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Today the interest in Europe is aimed at the ECB, as will carefully monitor what decisions and actions will take.

Inflation in the region is low. According to analysts, deflation is overcome. In monetary policy, nobody expects changes.

According to a survey of Bloomberg, the Eurozone Interest Rate Decision will retain 0.05% .In early June, the ECB raised its inflation forecast for the 2015 to 0.3% and probably will again reported positive effect of QE- program. Situations with target - inflation and interest rates seem more clear, but the situation with the debt crisis - Greece, is still undetermined.

The IMF has repeatedly warned that Greece will not need much more than is currently considering. Schäuble continues to speak for temporary exit of Greece from the euro. The head of the fund ESM, warned that the systemic risk posed by the Greek banking system will cause serious consequences for the entire eurozone. Problem was gatsite emergency loans to 7 billion EUR, needed before the rescue plan.

It is expected that the central bank of the euro area to consider the increase in the ceiling of the Emergency Liquidity Assistance, providing emergency liquidity to Greek banks. It allowed the possibility that such a decision to be taken more of today's regular meeting of the bank, which increases the current interest in Mario Draghi's press conference scheduled for 15:30.

On Monday pending maturity of Greek bonds over EUR 3.5 billion at the ECB. The meeting of the Greek parliament early this morning passed in a climate of confrontation and full split the ruling party SYRIZA. It assumes that despite this tacit support for Tsipras of Europe, it will not hold much longer. The center was besieged by demonstrators dissatisfied with serious reforms, clearly rejected the referendum. In Athens, clashes continue between protesters and police. Among the demonstrators and activists SYRIZA protesting against their own government.

Gains on ECB program SMP, which were purchased by the Greek Central Committee in 2010 and 2011 during the height of the debt crisis in the eurozone amounted to EUR 1.9 billion.


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