Greece
Reports on Greece See all →
The impact of the Greece-Macedonia accord
The deal between Greece and what may soon be called the Republic of North Macedonia is about much more than a name. The bilateral agreement finally opens the door for North Macedonia’s integration into the EU and NATO, and could make Greece a serious regional player. However, political challenges could easily derail or delay the two-year implementation process.
The next Greek bailout (or not)
As Brussels and Athens prepare for new negotiations on the Greek debt in 2017, another flawed bailout deal is on the cards. Neither side is ready to act on the knowledge that Greek public finances are still unsustainable. Postponing the day of reckoning through debt monetization might be the most ...
Euro crisis: time for a rerun?
After Greece obtained its third bailout last summer, Europe turned its attention to other crises. But it would be naive to conclude that the sovereign debt crisis is over. The Greek drama is still far from a happy ending; in Portugal and Spain, fragile left-wing governments may want to abandon ...
Cash is no longer king as fiscal and monetary interests converge
Will banknotes and coins soon disappear? Modern technology and private convenience support this trend, but monetary policy and political coercion play a less innocuous role. A ‘war on cash’ is underway that aims at enforcing negative interest rates on private savings, expropriating savers for the sake of a demand-driven stimulus. ...
Varoufakis Plan B - an affront to the rule of law
Leaked information has revealed that Greece's notorious former Minister of Finance, Yanis Varoufakis, had a Plan B in case discussions with creditors failed, writes Prince Michael of Liechtenstein.Having an alternative is perfectly reasonable and demonstrates responsible management, but explains some of the nonchalance he showed during negotiations.It has also ...
