Agora
A macroeconomic assessment of the Cypriot economy after the haircut
Why has the Cypriot economy faced a smaller than anticipated dip for 2013? What is the relevance of the answers to this question for the shape of Cyprus recession and for its medium to long-run economic growth prospects?
Contributor: Marios Zachariadis
Categories: Europe (279), Economy (316)
On Portugal, PSI and a national salvation pact
A conversation with David Salanic, Chief Executive Officer and Founder of Tortus Capital Management, the hedge fund decided in the week that Portugal returned to capital markets with a bond syndicated tap to create a specific website http://rehabilitatingportugal.com/ explaining its bearish position on Portuguese bonds.
Contributor: Jorge Nascimento Rodrigues
Categories: Europe (279), Economy (316)
The EU, the troika inquiry and the big disconnect
They came to praise the Greeks, not to bury them. “The path of economic and social recovery is long and arduous, and has exerted – and is continuing to exert – hard sacrifices,” said European Council President Herman Van Rompuy at the opening ceremony of the Greek presidency last week. “But we all pay tribute to the courage and fortitude of the men and women of Greece.”
Contributor: Nick Malkoutzis
Categories: Europe (279), Politics (374), Greece (479)
The complexities of regaining market access: Could Greece learn from Portugal?
Portugal is trying for the second time in three months to test its capacity to return to international bond markets. Seeking to regain full access to such debt markets is a central policy objective for the government of Prime Minister Pedro Passos Coelho. Greece, Portugal’s eurozone peer and fellow programme country in southeastern Europe, finds itself in a similar position.
Contributor: Jens Bastian
Categories: Europe (279), Economy (316), Greece (479)
The Cyprus bailout is different, not only due to the bail-in
The Cyprus programme as agreed in March 2013 was different from the Greek and other eurozone bailouts in more ways than just the bail-in of uninsured depositors at the country’s two major banks.
Contributors: Alexander Apostolides, Charis Michalis
Categories: Europe (279), Economy (316)