Blog post
03 November 2016
"Laid Low" is an important addition to the burgeoning literature on the euro-area crisis and its main contribution is to assemble essential factual ma
Blog post
29 August 2016
The recently published in-depth evaluation of the International Monetary Fund (IMF)’s role in the euro area crisis highlights important contrasts in t
Policy brief
29 August 2016
Nicolas Véron reviews in-depth the role played by the IMF in understanding the financial-sector dynamics of the euro-area crisis. The IMF was the firs
Blog post
07 May 2016
Greek public debt does not look sustainable if the country has to return to market borrowing at the end of the third bail-out programme, but could be
Opinion piece
11 April 2016
The EU deal with Turkey reached on 18 March is problematic, but without a deal the EU’s external borders would have collapsed completely. Now the EU
Opinion piece
14 January 2016
Wrapped up in the details of pension reforms and home foreclosure—matters that, no doubt, have important consequences for many— the big picture has fa
Blog post
02 November 2015
The ECB published the comprehensive assessment of the four major Greek banks (Alpha Bank, Eurobank, National Bank of Greece and Piraeus Bank) yesterd
Blog post
19 October 2015
The Finance Ministry of Greece has published the preliminary budget execution bulletin for September, covering the first 9 months of the year. It reve
Opinion piece
23 September 2015
With the drag from austerity, the debt-deflation spiral, and a weak international economy, where does the projected Greek rebound come from?
Blog post
22 September 2015
Last week, while Europe was anticipating the Greek election, the Greek finance ministry published the latest budget execution bulletin, covering Janua
Blog post
16 September 2015
This timeline underpins some of the main events that determined the origins and developments of the euro crisis and highlights our contributions to th
Blog post
17 August 2015
The Greek finance ministry published last week the latest budget execution bulletin. The state budget primary balance increased significantly during J
Opinion piece
13 August 2015
It was inevitable that Greece would have to make cuts. Yet, if it is ever to pay back its debts, what the country needs most of all is a growth strate
Blog post
06 August 2015
The German Finance Minister Wolfgang Schäuble has had enough. Greece, he says, cannot receive debt relief from European creditors because European off
Opinion piece
05 August 2015
The current link between debt servicing and membership of the single currency leads to a vicious circle that increases uncertainty, weakens growth and
Policy brief
29 July 2015
The time is ripe to analyse in fine detail the conditions attached to the Greek programmes and to look in particular at the degree of structural refor