Greek debt tragedy an indictment of euro zone’s response to the crisis
The Irish Times –It is four and a half months since Alexis Tsipras and his party Syriza swept to power in Greece on a wave […]
COMMENT
Paul Mason: Greece is not Ireland – and it’s not just about the economics
(extracts from Channel 4 – Paul mason blog) —Greece should not be compared to Ireland or Portugal Paul Mason argues. Is not just economics. Greece’s […]
Joseph Stiglitz, Thomas Piketty and other world renown economists make a “plea for economic sanity and humanity.”
In an essay published on Friday morning in the Financial Times, 26 of the world’s most renowned economic minds proclaimed their solidarity with Syriza, Greece’s […]
Alexis Tsipras lambasts ‘absurd proposals’ for Greece debt-deal failure
(From the Guardian) — In a hard-hitting article for the French daily Le Monde, the Alexis Tsipras lambasted the uncompromising approach of the EU, European […]
Europe at crossroads: Alexis Tsipras’ article in Le Monde
Alexis Tsipras writes: “I would like to take this opportunity to present the truth, and to responsibly inform the world’s public opinion about the real […]
The awkward truth about the refugees in Kos the tourists would rather went away
(The Indipendent, Dispatches) British tourists have ‘complained’ about desperate migrants pouring into the Greek island of Kos making their holidays “awkward”. The Daily Mail two […]
John Nash’s Game Theory and Greece
(Bloomberg – Mohamed A. El-Erian) A mutually beneficial outcome would alleviate the long suffering of Greek citizens who have been devastated by unemployment, shrinking incomes […]
Wolfgang Münchau: “I am sceptical about another round of extend-and-pretend dishonesty”
(From the Financial Times) What should Tsipras do now? Asks Wolfgang Münchau in the Financial Times. If the deal offered by the country’s creditors is […]
The credible Mr Junker : “Varoufakis is not helping negotiations”
European Commission President Jean-Claude Juncker declared that Greek finance minister Varoufakis was “not helping the negotiation process. Mr Varoufakis is the finance minister of a […]
Creditors play down fears of Greek default as deadline approaches
The Greek finance Yanis Varoufakis urged creditors on Tuesday to ‘get their act together’ if they want Greece to repay its June IMF loan. And […]
Paul Krugman: Grexit and the morning after
(New York Times) We just had another electoral earthquake in the euro area: Podemos-backed candidates have won local elections in Madrid and Barcelona. And I […]
Until Europe writes down Greece’s debt, the drama will continue to run
(The Independent) So the tale of Greece lurches on, with some sort of denouement expected in the next couple of weeks. It is not possible […]
Greece under siege – the strategy of financial strangulation to force a government surrender instead of Grexit
(The Guardian comment – by Anatole Kaletsky ) Since coming to power in January, the Greek government, led by the prime minister, Alexis Tsipras’s Syriza […]
Financially strapped Greeks quietly prepare for the worst
(Deutsche Welle ) Pantelis Chatzisinakis is not prone to panic. For the past 14 years, the 38-year-old accountant in Athens has been trying the balance […]
Martin Wolf: Mythology that blocks progress in Greece
(Extracts- Financial Times ) ‘It will not end well if the players cling to false beliefs’ writes Martin Wolf in the Finacial Times 15/4/2015 He […]