Tag Archives: Grexit

Analysts of the Citigroup bank analysts insist that Grexit is a real possibility in the next 1 to 3 years. Taking into consideration factors like deeper recession and new political instability, the Citigroup analysts see increase of the Grexit risk. In its 3 monthly report Global Economic Outlook and Strategy, …

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One year after the Greek Referendum. One year after controversial Finance Minister Yanis Varoufakis was shown the way out. One year after a very painful Greek experience. And the book of Varoufakis’ former advisor, US economic James Galbraith who drafter the “Plan B for Grexit” is being presented to Greek …

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Impressive! German weekly Der SPIEGEL appeals to Brits thirteen days before the Brexit Referendum. With a front page in English: “PLEASE DON’T GO! – Why Germany needs the British”  The special edition with the English title will be sold in in the UK at a reduced price of 2 BP …

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Greek bonds will soon become eligible for the European Central Bank’s asset-purchase program, paving the way for an easing of capital controls, and the gradual recovery of investor confidence, Finance Minister Euclid Tsakalotos said. In an interview to Bloomberg, the Greek Finance Minister said also that once Greece is part …

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For one more time, controversial ex finance minister Yanis Varoufakis stirred the local political scene on Thursday when he claimed that the “agreement with (Greek PM Alexis) Tsipras was to threaten them (the institutions) with Grexit behind closed doors.” In an interview to an alternative news site in Athens, Varoufakis …

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The IMF and German hawks want the patient dead. And they still want a Grexit. But the Socialists say “Non passeranno” [they will not pass], Gianni Pittella, leader of the Socialist and Democrats group in the European Parliament, told Euractiv.com in an exclusive interview. Gianni Pittella told EurActiv.com, among others: Q: …

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In fact, German Finance Minister Wolfgang Schaeuble agrees with the International Monetary Fund in one thing: they both doubt about the success of the 3. bailout program. However, as Schaeuble can never agree on the Greek debt relief proposed by the IMF, he chews again on this little bitter-sweet candy …

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Spring is here, summer is close. Time for Grexit. The websites of all Greek media report of a Goldman Sachs analysis that bears the title “Come Back of Grexit”. A scenario that we have missed in the last 10 months. The Goldman Sachs analysis warns “that the Grexit scenario has …

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A “Temporary Grexit” a la Schaeuble was a real option for Greece’s Euro-partners after the Referendum on July 5th 2015.  German Chancellor Angela Merkel reportedly brought up the issue in conversation with French President Francois Hollande on July 6th, just one day after the Referendum took place. Hollande rejected Merkel’s …

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Greece remains a popular holiday destination despite the economic crisis. At least, among British travelers. According to a recent survey, 66% of the respondents consider Greece as a safe destination. And half of British travelers over 60 said that they would be happy to travel to Greece and thus “independently …

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A storm is brewing over Greeks’ heads with German Finance Minister Wolfgang Schaeuble to insist on Grexit? According to Wall Street Journal, Greek Prime Minister Alexis Tsipras is trying his best to avert a fresh confrontation over Greece’s bailout, the country’s broken finances and the participation of the International Monetary …

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A diplomatic incident with unknown outcome has occurred between Greece and the Czech Republic after the provocative statements made against Greece by President Milos Zeman. As consequence to Zeman’s statements, the Greek Foreign Ministry ordered its its Ambassador to the Czech Republic to return back to Athens “for consultations” as …

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There are these officials, obsessed with Grexit. They don’t let Greeks take a breath even in the time before Christmas. One of these notorious fun-spoilers gave an interview to To Vima Sunday edition. The chief of European Stability Mechanism, German Klaus Regling said that the possibility of a Greek eurozone …

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Oh. And Prime Minister Tsipras spoke ‘nonsense’! And ’15 Eurozone ministers wanted Greece out of the euro’. However they acted independently and not because Germany or – even worse – Schaeuble told them to do so. In an interview with French daily Liberation, German Finance Minister Wolfgang Schaeuble drew a …

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Vice President of the European Central Bank Vitor Constancio openly  admitted that the threat of kicking Greece out of the euro zone during the spring negotiations was “never for real” because it would not be legal. So simple. So cynical. So unabashed. So real. In an interview to Reuters, Vitor …

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It is an old game since Greece sought the ‘rescue’ by its European and other international partners: Every European politician and official – especially those claiming a hegemonic role within the EU and the Eurozone – feels obliged to intermingle into Greek voters’ decision process and try to influence voters. …

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Less than two weeks before the elections, European Commission President Jean-Claude Juncker openly threatened Greek voters saying that “Greece’s new government after the September 20 election must respect the bailout agreement struck with the eurozone, or the EU’s resolve to keep Greece in the single currency bloc could change.” It …

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Many Greeks have been wondering what is the purpose of the snap elections scheduled for September 20th? Some answer the question replying “Tsipras could not govern with the support of the opposition but without the support of his own MPs,” others warn that “with such a huge debt and such …

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This is a very clear stance before the elections: Popular Unity, the party of SYRIZA rebels around former energy minister Panagiotis Lafazanis will pledge to abolish the bailout program and cancel austerity plans, will not exclude an orderly exit from the Eurozone as an option and introduce anew a national …

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A few hours before the German Bundestag votes for the 3. bailout package for Greece, Finance Minister Wolfgang Schäuble (CDU) went to state broadcaster ZDF and campaigned in favor of the so-called “new aid package” for the debt-ridden country. He told the German public and his fellow lawmakers, that he …

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