After a long night of discussions, the eurogroup agreed on a new deal for Greece. The main elements consist of a larger contribution of the private sector and a larger…
Bruegel blog
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A Greek deal – the end of the eurozone crisis?
21st February 2012
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Who lost Greece? (update)
21st February 2012
The Brussels agreement on 21 February with private creditors and public lenders has not only removed the threat of imminent Greek default. The Europeans must be commended for having based…
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The Weekender
20th February 2012
Dear all, My weekender last week was a bit provocative and created some controversy; it was the occasion of some heated debates with some of you. I think the main…
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How to deal with Europe’s debt challenge
17th February 2012
Growth in Europe is projected to be weak in 2012 and 2013. This is true for the aggregate but the outlook is much worse for many countries in the South.…
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Bubbles and potential output
17th February 2012
What’s at stake: What started as a speech on inflation targeting by the President of a regional Fed has turned into a fierce economic debate on the impact of the…
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The Greek tragedy: what next?
14th February 2012
With reference to the latest Weekender, Thanks Shahin for this nice piece (again!) and for incorporating some of our comments to the earlier draft. I was always sceptical about the…
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Is a voluntary Greek debt exchange possible?
13th February 2012
The Greek austerity package was approved on Sunday February 13th, making it possible for Greece to receive the second EU-IMF bailout worth €130bn. The vote in favour of the package…
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ECB preparation for Greek default
13th February 2012
My colleague Shahin has just posted a blog entry in which he argues that the broad framework of European Financial safety nets is in place and will not improve very…
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The Weekender
13th February 2012
Dear All, The writing of this weekender has been the occasion of a number of internal debates and disagreements with other colleagues at Bruegel. I have to stress once more…
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Does manufacturing really matter?
10th February 2012
What’s at stake: As countries seek to reinvigorate their job markets and move past an economic recession, the state of manufacturing has become a hotly debated topic. In the U.S.,…