Greek crisis

Tsipras’ triumph vs the impossible task of implementing a program designed to fail – in The Guardian

Alexis Tsipras has snatched resounding victory from the jaws of July’s humiliating surrender to the troika of Greece’s lenders. Defying opposition parties, opinion pollsters and critics within his ranks (including this writer), he held on to government with a reduced, … Continue reading →

European countries must support the United Nations’ proposals for sovereign debt restructuring! – Open letter to the UN by 19 economists

On September 10, the United Nations General Assembly will vote on nine principles concerning the restructuring of sovereign debts. Abiding by such principles would have avoided the pitfalls of the Greek crisis, in which political representatives gave in to creditor … Continue reading →