Greece is about to issue 5 year bonds again. Berlin, Brussels, Frankfurt and Athens are celebrating Greece’s recovery. For my part, I think (and tell the BBC World Service) that…
In his latest opinion piece, economist Yanis Varoufakis argues why Portugal’s public debt must be immediately restructured so that the errors made in the Greek PSI are not repeated. “The…
Reza Moghadam, Director of the European Department of the IMF, blames Europe’s leaders for making the crisis worse in 2010 by not acting quickly and decisively. With regards to Greece…
In a recent talk in Athens Philippe Legrain, a former economic adviser to the European Commission, admitted that European policies helped cause the crisis and were never designed to help…
Finance minister points out what’s in store not only for Greece but for all heavily indebted euro zone countries.
Deputy finance minister Christos Staikouras assured parliament that half a billion euro still owed to Greece by euro zone countries’ central banks, will be refunded by the end of the…
"We must find a way to close this financing gap and there is absolutely no way that it can be done in a way of rollover bond"