Greek banks will ask investors to help plug a 14.4 billion euro capital shortfall, with billionaire Wilbur Ross saying the government should detail ownership plans for the nation’s lenders as they seek a second round of fundraising. The ECB asset-quality review identified 9.2 billion euros of valuation adjustments. Source: Bloomberg
“Turkey will not allow unilateral activities [in the Eastern Mediterranean]. We need to protect the rights of Turkish Cypriots with actual steps,” Çavuşoğlu said at a symposium entitled “Law and Politics in the Eastern Mediterranean” at Ankara University. Source: Hurriyet Daily News
The US has said it intends to negotiate three separate trade agreements with Japan, the UK and the EU. It could take several months before the negotiations begin, it said. The move is part of US President Donald Trump’s efforts to reshape trade policies to support his “America First” agenda. Source: BBC
French Leftist firebrand Jean-Luc Mélenchon has broken new ground on social media by broadcasting a police raid on his political headquarters from his mobile phone. A furious Mr Mélenchon, head of France Insoumise (France Unbowed), filmed as eight police officers searched the party headquarters early on Tuesday, which he slammed as an attempted “coup de force” against his party “to scare and intimidate us”. Source The Telegraph
