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Transcripts For BLOOMBERG Countdown 20141210

Banks cut back. The royal bank of scotland will be stashing staff numbers and in japan. Hello. Welcome to countdown. We will beming up, live in paris. Conferenceal tech which brings together leading companies, innovators and startups. We have exclusive interviews through the morning starting with le webs founder. Markets are in focus after us a lot and equities yesterday. Policymakers on short loans. Of parliamentary elections and the Russian Central Bank also meet in the next 24 hours. I will start with greece. What a day. The biggest oneday decline since 1987. That tells you something. Something very interesting happened in the bond market. I will focus on this later. The yield on the threeyear bond went to the yield of a 10 year bond. It is an inverting yield curve. That is a worry because that means greece will not have access to Capital Markets and will face difficulties raising money in the future. The asset markets in greece are flashing red right now. It all came on the same da

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