Public debt

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17 July 2015

Greece budget update

Primary surplus picked up in June, but July is the key month to watch.

17 July 2015

Five Lessons on Greece

A reflection on the experience of Greece and other countries who have implemented rescue programs

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

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

19 June 2015

Greece budget update

As Eurogroup discussions with Greece continue, the latest budget execution bulletin from the Greek finance ministry has been published yesterday, comp

02 June 2015

The emerging world: Debt as key risk

Perhaps the most ostensible of all challenges faced by the global economy is that of pervasive debt levels. For quite some time now, particularly foll

19 March 2015

A tale of floods and dams

A lot of debate has recently focused on the management of the fiscal crisis in Greece and whether or not the speed of adjustment has been too fast or

16 March 2015

Greece: update on public finances

At the end of last week the Greek Finance Ministry published the preliminary budget execution bulletin for February. The State primary budget balance

03 February 2015

Who’s (still) exposed to Greece?

Following the recent elections, Greece has come under pressure. Fear is growing about the stance of the newly elected government and there have been s