May 10, 2010

Greece Needs a Restructuring, Not a Bailout

Luigi Zingales, City Journal

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TAGGED: Eurozone, Greece, Luigi Zingales


May 18, 2012
Five Easy Ways to Solve the Greek Crisis
Daniel Altman, Foreign Policy
If there's one thing economists don't like, it's politics. We can draw up any number of fantastic policies on paper, but getting them through legislatures and central bank committees is another story. Politics has been a big part... more »
May 18, 2012
Would Markets Rally on the 'Grexit'?
Ambrose Evans-Pritchard, Telegraph
Bank of America has a nice twist on a Greek exit, or "Grexit" as everybody now calls it. The euro would shoot up to $1.40 against the dollar (after first falling to $1.20 in the immediate panic). It is $1.27 now. Risk assets... more »
May 18, 2012
If Greece Goes, Can Spain Stay In?
Alistair Osborne, Daily Telegraph
Luckily SunGard APT doesn’t make films. Pretty much nothing happens in its version of that great euro drama Acropolis Now. The specialist in “multifactor risk models” popped up yesterday to tell us that... more »
May 18, 2012
European Apocalypse Coming Soon
Paul Krugman, New York Times
Suddenly, it has become easy to see how the euro — that grand, flawed experiment in monetary union without political union — could come apart at the seams. We’re not talking about a distant prospect, either.... more »
May 18, 2012
Eurozone May Be Ready for Greek Exit
Binyamin Appelbaum, NY Times
It is increasingly conceivable that Greece may leave the euro zone, not just because of its own political dysfunction but also because the consequences of such an exit for the rest of the Europe and the global economy no... more »