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Tag Archives: Greece debt crisis

Moscovici promises Greece “lighter austerity measures”

EU Commissioner for Economic and Monetary Affairs, Pierre Moscovici, paid a short visit to Athens on Wednesday. Moscovici came to Athens to receive the title of  Honorary Doctor from the Athens University. However, he used the opportunity for a meeting with Greek Prime Minister Alexis Tsipras. “Greek agreement is necessary …

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IMF chief economist Blanchard warned in May 2010 Greece program was not going to work

A report by Olivier Blanchard, a former economic at the International Monetary Fund, has been presented at a meeting organized by the Canadian think tank Centre for International Governance Innovation end of January. In this report,  dated 4. May 2010, then chief economist at the IMF, Olivier Blanchard was warning …

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Mustery solved: Greece to hire Rotchild as debt adviser

As concerns over Greece and its debt mount, Athens has reportedly decided to call in Rothschild, one of the oldest financial firms in the world, to navigate the country’s long-running creditor stand-off and avert default. According to the Financial Times, Greek authorities hope to finalize the appointment before crunch debt …

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“Grexit” becomes central in Germany’s elections campaign

Greece debt crisis has become a central issue in the German elections campaign. Even parties sunk in oblivion in recent years try to win votes by throwing the bait “Grexit” into the open mouths of conservative and neo-liberal electorate. “Greece should leave the euro zone and then be given debt …

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Trump position ‘a catalyst’ for EU-IMF differences on Greece

The position adopted by U.S. President Donald Trump will be key in resolving EU-IMF differences over Greece, top European analyst Daniel Gros told the Athens-Macedonian News Agency (ANA) on Wednesday. According to Gros, who is the director of the influential Centre for European Policy Studies (CEPS) think tank based in …

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Schaeuble: Greece must leave the Euro to win a Debt Cut

 German Finance Minister Wolfgang Schaeuble warned Greece Wednesday night “to fulfill its reform commitments, otherwise it would have to leave the Eurozone.” Speaking at a talk show at the German state ARD TV, Schaueble said also that pressure on Greece must be maintained.” “They are not over the mountain, therefore …

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Guest Post: A Very European Financial Coup d’état

Our KTG-friend Cheshire Cat just submitted his latest post of ” A Very European Financial Coup d’état”. To tell you the truth, I’m glad to see more and more people speaking of a Coup d’ Etat triggered by the markets and facilitated by the inability of the EU leaders to cope …

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