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Capital controls in Greece? A response to Professor Sinn
AgoraWhile capital controls might be an appropriate intermediate solution for Greece as argued by Professor Sinn in his recent Financial Times note, Professor Sinn misses or misrepresents the picture on a number of counts. To begin with, Professor Sinn misses the point regarding the incentive
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Newsletter 16 - 20/02/2015
all their tax obligations to that point. However, this is a moral hazard as it sends a clearly
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Greece and eurozone reach tentative deal, much undecided
EconomyProgrammethey are sufficiently comprehensive to form a starting point for a successful conclusion of the review
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Reform proposals to define size of Tsipras's task in keeping party on board
PoliticsGreek Politicsthe SYRIZA frontliners is likely to be willing to undermine Tsipras at this point. If the prime
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A pause in uncertainty but for how long?
Agorawill be. Will the Eurogroup at that point agree to some form of debt relief? Will Greece need
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Greece sets out broad reform plan for lenders' approval
EconomyProgrammetold reporters that “it is a valid starting point’. The Eurogroup is due to meet via teleconference
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The numbers behind Greece's reform proposals
EconomyProgrammeThe reform list sent by Greece to its lenders was approved as a “valid starting point” for the review process despite not containing any numbers. We attempt here to provide a framework for some of the key economic aspects of the document. The list did not refer to anticipated revenues or the cost
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Newsletter 17 - 27/02/2015
to the proposals, Lagarde recognised the Greek proposals as a “valid starting point” but raised a number
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Public support for coalition still strong but Tsipras walks fine line with party
PoliticsGreek Politicswill also point to the surprisingly strong support that his government has among voters. In the first
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Greek manufacturing PMI virtually unchanged in Feb as uncertainty bites
EconomyMacroeconomyGreece’s Manufacturing PMI rose by just 0.1 points in February to 48.4 from 48.3 in January, according to Markit. This is the eighth sub-50 point reading in the last nine months. Despite faster decreases in both output and new orders, stronger growth in employment, slower fall in stocks
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