Search Results for: Greek debt crisis
How Many Euro Crises Will This Make? It’s Getting Hard To Keep Track
February 23rd, 2017
Every few years, it seems, one or another mismanaged eurozone country falls into one or another kind of crisis. This leads to speculation about the end of the common currency, which in turn spooks the global financial markets. Then ...
Greece says ‘not a euro more’ from its austerity-impoverished population
February 17th, 2017
European Union officials are urging Greece and its creditors to strike a financial aid deal for the country quickly to safeguard economic recovery. However, Athens has refused a demand from its creditors for more austerity measures. The Greek government ...
Grexit is back? Greece faces critical few weeks
February 6th, 2017
In the week of Groundhog Day it seemed entirely appropriate: Greek farmers, many on tractors, have once again been blockading roads and border posts amid mounting signs that the country long at the centre of Europe’s debt woes is ...
Central Bank of Greece forecast a strengthening of growth for 2017
December 16th, 2016
Today, in accordance with its Statute, the Bank of Greece submitted its Interim Report on Monetary Policy 2016 to the Speaker of the Greek Parliament and the Cabinet. Progress with the implementation of the programme and with economic recovery ...
Why Europe must end in tears
December 11th, 2016
The latest consequence of economic mismanagement in Europe was the failed attempt at constitutional reform in Italy this week. The Italian people have had enough of their government’s economic failure, and is refusing to give it more power. The ...
Who Will Exit the EU Next?
October 20th, 2016
The European Union’s future has been up for debate since the Continent’s economic crisis began nearly a decade ago. But questions about the bloc’s path have multiplied in recent years as Greece came close to quitting the eurozone and ...
Brexit isn’t the most serious threat to the EU — the euro is
July 4th, 2016
Brexit isn’t the most serious threat to the EU — the euro is One surprising thing about Britain’s vote to leave the EU is that Britain’s economy has been doing better than a lot of European countries. Unemployment in ...
What is Frexit? Will France leave the EU next?
July 4th, 2016
What is Frexit? Britain’s historic vote to leave the EU has sparked calls for a French exit, or Frexit, from the European Union. The British public voted for a Brexit, or British exit, during a historic EU referendum on ...
Can the IMF afford to stand back on Greece bailout money?
May 30th, 2016
IMF turns its back on Europeans in Greece bailout The IMF said it won’t give another penny until it sees a concrete plan from the Europeans to substantially cut the country’s debt burden. The “breakthrough” deal announced Wednesday to ...
The Eurozone is the greatest danger
May 23rd, 2016
World-wide, markets are horribly distorted, which spells danger not only to investors, but to businesses and their employees as well, because it is impossible to allocate capital efficiently in this financial environment. With markets everywhere disrupted by interventions from ...
