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Greece is proof austerity doesn’t work

Back in 2009, with the world reeling from the fallout of the financial crisis, Greece’s government made a confession: its finances were in horrific shape.
Market Watch: July 14, 2015

Draghi said to doubt Greek solution as Tsipras reforms awaited

European Central Bank President Mario Draghi has voiced unprecedented doubts about the chances of rescuing Greece from bankruptcy as Greek Prime Minister Alexis Tsipras was due to put forward last-ditch reform proposals on Thursday.
Reuters: July 9, 2015

French PM Manuel Valls: 'Agreement is still possible'

An agreement was still possible, French Prime Minister Manuel Valls said in an interview to French media on Sunday, urging the Greek government to return to the negotiating table.
June 28, 2015

Eurozone officials focus on Greek debt as repayment deadline nears

Officials in the 19-nation eurozone are focusing on debt-ridden Greece in a series of meetings Monday as they work to prevent the country from defaulting on its loan payments at the end of the month.
June 22, 2015

A reply to the SOS

Greece is locked in unreason and the future is not so bright.
Thomas Colignatus: June 12, 2012

A cheap moratorium on stigma in eurozone debt

The EU is in a pressure cooker with interest rates that suffer from stigma, i.e. irrational fears of default that become rational and self-fulfilling because the higher rates of interest imply a reward.
Thomas Colignatus: January 30, 2012

An economic plan for Europe

Greece may actually help the EU if she learns how to value and respect the advice of economic scientists.
Thomas Colignatus: November 4, 2011

On the Verge

The leaders of Germany and France represent now far more than their electorates, and responsibility is crucial.
Paris Karagounis: June 21, 2011