Opinion piece
22 July 2015
Griechenlands Schuldenlast kann und muss im Euroraum erleichtert werden
Die Verknüpfung von Schuldendienst mit der Mitgliedschaft in der Währungsunion führt zu einem Teufelskreis, der das Wachstum schwächt und damit eine R
Greece
Showing 33-48 of 115 results
Blog post
17 July 2015
Greece budget update
Primary surplus picked up in June, but July is the key month to watch.
Blog post
17 July 2015
Five Lessons on Greece
A reflection on the experience of Greece and other countries who have implemented rescue programs
Blog post
14 July 2015
Olivier Blanchard fails to recognise two major IMF mistakes in Greece
This blog draws two lessons from the failed Greek programme. Olivier Blanchard is right that the fiscal adjustment of the last 5 years was unavoidable
Blog post
13 July 2015
Professor Blanchard writes a Greek tragedy
Olivier Blanchard has, with his customary clarity and candor, addressed criticisms of the IMF’s role in Greece’s financial rescue. His is a perso
Blog post
12 July 2015
Preserving the Greek financial sector: options for recap and assistance
Regaining the stability of the Greek financial sector is key, as a meltdown could lead to Grexit. The stability of the Greek financial system currentl
Blog post
11 July 2015
The Greek last-chance proposal: stepping backwards to move forward?
Greece sent its proposal to Brussels yesterday, in an attempt to pave the way for the negotiation of a third ESM programme. The package makes signific
Opinion piece
09 July 2015
Waiting for G-Day
With a final decision on Greece fast approaching, what is the worst-case scenario: bailout or Grexit?
Blog post
07 July 2015
Update: financial market developments
Following on from our previous blogs, we take another look at the intra-day developments in financial markets after yesterday’s European Council meeti
Blog post
07 July 2015
Choices after the Greferendum
On Sunday, with a sizeable majority, the Greek people voted down the proposals of the country’s official lenders. What’s next? We see three main optio
Blog post
06 July 2015
Keep calm … and reach a deal ASAP
A clear majority of Greek citizens has decided to decline the creditors’ proposal that was on the table on June 25. This result should not be over-int
Blog post
04 July 2015
In bad faith
On July 2, the IMF released its analysis of whether Greek debt was sustainable or not. The report said that Greek debt was not sustain
Opinion piece
04 July 2015
#Greferendum: 3 Questions, 3 Answers
Guntram Wolff replies to three questions in the aftermath of the announced results of the Greek referendum of 5 July 2015.
Opinion piece
02 July 2015
What is at stake in the referendum?
The decision by the prime minister to call a referendum leaves the Greek citizens with a stark choice. The core of the question is whether Greek citiz
Blog post
01 July 2015
Bond markets remaining calm
Following on from our blog on Monday, we take another look at the intra-day developments in the sovereign bond markets. So far, there appear to be no
Blog post
29 June 2015
Greece: from default to Grexit?
The government of Greece has rejected the creditors’ conditions of the continuing bailout program and is heading to imminent default on its obligation