Meanwhile over in Greec, Mario Draghi’s statements today are not going down well. Helena Smith reports from Athens:The ECB president’s assertion this afternoon that it is premature to contemplate Greece being included in the bank’s quantitative easing program before its debt is made sustainable has landed with the force of a lead balloon in Athens. “It effectively kills any prospect of debt forgiveness any time soon,” said one well-placed source in the governing Syriza party. “How, in God’s name, is the economy ever to recover after seven years of recession and internal deflation?”Both investors and government officials say inclusion in the program would be a mood changer for a country enduring its worst slump in modern times.

Source: The Guardian October 20, 2016 07:09 UTC