WEEKEND READING: 6-7 JULY
- The OECD announces recovery for Iceland as output returns to trend levels. Note Figure 11 re non-performing loans; Figure 12 outlining the plan for removing capital controls (Cyprus, anyone?); and Figure 14 which shows how Iceland's public finances are still less sustainable than Greece's in the long term.
- The OECD also have a bumper crop of statistical guidance on wealth and inequality. See their new framework for statistics on wealth, income and consumption distribution and guidance on household wealth statistics.
- An interesting experiment in syndicating ERT, Greece's public broadcaster, post-closure.
- The Commission sends a 'Statement of Objection' to 13 investment banks, the ISDA and Markit charging them with infringement of antitrust rules for keeping Deutsche Börse and the Chicago Mercantile Exchange out of the exchange-traded derivatives market.
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