Economy:
Restructuring Greece Within the Euro is Illusory – Spiegel Online
Pain Without Gain – New York Times (Krugman)
Spend, Spend, Spend. It’s the American Way – New York Times
Stronger job market could boost economy further – Associated Press
Markets:
Stocks Climb for Fourth Day as Metals Rally on China Measures, Greek Talks – Bloomberg
Emerging Market Stocks Due for Correction: Marc Faber – CNBC
The EU’s Emissions Trading System Isn’t Working – Spiegel
Politics:
‘All the elements’ of new $171 billion Greek bailout in place, French official says – MSNBC
Japan Agrees With China to Aid Europe Through IMF After Further Euro Steps – Bloomberg
Japan slowly wakes up to doomsday debt risk – Reuters
How American Health Care Killed My Father – The Atlantic
Banks:
Libor Manipulation: Another Black Eye for UBS – Bloomberg
Lloyds Bank strips 13 directors of more than £2 million in bonuses – Telegraph
Citigroup to Let Managers Take Stakes in Its Hedge Funds as Volcker Looms – Bloomberg
