Feb 9, 2017 | 04:00—05:30
A discussion on Brexit with Iain Begg, Professorial Research Fellow at the European Institute, London School of Economics.
May 9, 2016
Economist James K. Galbraith warns that ‘unrealistic expectations’ by Athens’ creditors is a recipe for turmoil
Sep 24, 2015
Professor Richard Portes discusses the problems of Europe and then specifically drills down into Greece itself.
Sep 18, 2015
As Greece heads to the polls, a look back at the crisis and what the future will bring.
Jul 21, 2015
As I write this it would be appear that the Greek crisis is finally coming to an end. In this report I would like to discuss why the negotiations were so fraught and what an agreement actually means. In a nutshell, the EU sought to address matters with the same kinds of measures that had been tried in the past, while Greece argued that doing so would not make things any better—and would in fact make them far worse.
Jul 28, 2015
Dubious transactions and flimsy accounting standards need scrutiny.
Jul 5, 2015
The ECB has decided to maintain its current level of emergency liquidity to Greece (ECB 2015). By refusing to extend additional emergency liquidity, the ECB has decided that Greece must leave the Eurozone. This may be a legal necessity or a political judgement call, or both. Anyway, it raises a host of unpleasant questions about the treatment of a member country and about the independence of the central bank.
Jul 9, 2015
A look behind the scenes of the Greek referendum and what could happen next.
Jul 7, 2015
It is a shame that Greece was unable to manage its finances and is now slipping into chaos. But this outcome was inevitable and could not be permanently averted with loans from the international community.
Jul 8, 2015
The thunder from the Greek “No” vote in the referendum on Sunday, July 5 continues to roll around the world.
Jul 6, 2015
It is time for Greece to make a daring leap and adopt its own currency, says Ifo President Hans-Werner Sinn. “The drachma should be introduced immediately as a virtual currency,” Sinn said in Munich.
As Greece descended into a financial maelstrom in the spring of 2010, a small group of staffers at the International Monetary Fund (IMF) held top-secret talks with officials from the German and French finance ministries to discuss the idea of restructuring Greece’s debt.
According to Reuters, Eurozone officials attempted to suppress the publication of this report.
Dec 19, 2014
How should the Eurozone handle unemployment and other immediate hurdles?
Working Paper Series
Owing to its strong dependence on exports, Germany was among the economies hit hardest by the financial crisis.