AROUND THE WORLD IN 80 WORDS

Tube strike called off: Unions halt second walkout at last minute after reaching deal . U.S. derivatives watchdog chides industry for providing “gappy” data on $630 trillion market. Greek Coalition Parties PASOK and New Democracy default on repayments of €270m they owe to banks. EU commentators routinely referring to ‘the definitive repudiation by the German High Court of the ECB rescue device called the OMT’. UK Rates to rise this year as economy picks up, says ex BoEngland deputy governor

Earlier at The Slog: UKip decidedly shifty on issue of EU flood Directives