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The IMF crisis and how to solve it
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
AgoraThe IMF is approaching its 70th birthday and the Greek programme has been a candidate for one... for central banks in the 1990s. Why not the Fund? Europe experienced twin crises, one in economy... for the Fund? First, the Fund broke one of its most essential rules by supporting a programme in Greece from
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Managing an orderly Greek exit from the memorandum
Agorathe current programme or refusing to negotiate a new one? In our view, there are workable alternatives to this position. The IMF itself is offering one of these in the form of a so-called precautionary credit... of financial assistance it received in 2012. One should not underestimate the level of scrutiny inherent
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Newsletter 1 31/10/2014
that headline conclusion, there are several interesting takeaways from the results. One important finding... billion euros under the baseline scenario and 4.6 billion under the adverse one. This included the 6... but is also liked by Independent Greeks leader Panos Kammenos, who served in one of his governments. The ex
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Newsletter 5 - 28/11/2014
on who he is running against. One of PASOK’s dilemmas is that it lacks any obvious candidate who... is that with PASOK polling under 6 percent in most opinion polls, success would be hard to come by if one... by Stathakis in London is informative and revealing in more ways than one. Leading off with the title “A Growth
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The possible scenarios for avoiding snap elections in Greece
PoliticsGreek Politicsthe threshold by trying to pick off independent and opposition MPs one by one. Instead, New Democracy... One possibility is that the parties strike a deal for early elections next year in return... pressure. It would also remove one of the bonus cards he would hold going into snap elections now
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Newsletter 9 - 30/12/2014
Greece heads to the polls Surveys suggest SYRIZA's lead is narrowing Greece has entered one..., have played up these fears over the past few days. It is certain that this will be one of the main... not mind avoiding, will yield the political solutions that either camp is banking on. One cannot exclude
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Newsletter 11 - 16/01/2015
debates during this electoral campaign in Greece has tended to converge on one issue: Is the country’s... than initially projected. Hence, one key condition of such a grand debt bargain has been achieved... in Washington must certify two key assumptions. For one, that Greece is fully financed for the next
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Appealing to dual audiences compounds mixed messages from SYRIZA
PoliticsGreek Politicsin the last days of the campaign. SYRIZA MP Nadia Valavani suggested on Tuesday that one of the party’s... is closer to SYRIZA’s leadership and is one of the party’s regular representatives in the media... the fact that the leftists are appealing to two different audiences. On one side lie its leftist
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The demand for Greek debt relief: Is the cart being put before the horse?
Agoraon one issue: Is the country’s accumulated public debt sustainable or does it need to be restructured... level in the past year than initially projected. Hence, one key condition of such a grand debt... debates is the fact that the IMF in Washington must certify two key assumptions. For one, that Greece
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Greece's extension proposals to the Eurogroup and what they mean
PoliticsGreek PoliticsMonetary Fund – and allowing monitoring. This had been one of the first things the new government said... of debt relief to one of lesser importance. The demand for some form of debt reduction has been SYRIZA... conclusion and review on the basis of the proposals of, on the one hand, the Greek government
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