Debt Restructuring or Default
If you can’t pay from own resources, this is what it comes down to, eventually. It’s definitely not a question of it, but of when. An article in Handelsblatt today […]
If you can’t pay from own resources, this is what it comes down to, eventually. It’s definitely not a question of it, but of when. An article in Handelsblatt today […]
In many posts I refer much too briefly to the ‘misconstructed’ currency union. I think I need to dedicate a series now to explain in more detail what I mean […]
This is significant. The hashtag #Thisisacoup is trending massively on Twitter, leading Hugo Dixon, a keen observer of the Greek crisis, to suggest that the Eurozone in general is losing the […]
Varoufakis was too clever to understand politics. It is three years ago that I had an exchange with him on his blog about needing credible threats if one wanted to play […]
Here is a quote from Ryszard Legutko, MEP from the conservative group ECR: So if this piece de theatre continues I think we will be more and more confused about […]
I am in utter disbelief: There was an emergency Eurogroup finance ministers meeting, and there will be a Eurogroup leaders meeting in an hour, and Greece turned up without a […]
Here is what Tsipras should say to Europe. No fancy victory lap rhetoric, just the facts: Greek voters have made their view clear. There is not even a single electoral […]
The IMF has left the realms of delusion over Greek debt sustainability. It now has admitted that it failed to realise the damage austerity would do. In other words the deal which […]
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