Agora
Posts by Kostas Karkagiannis
Should Greece really ask for a debt haircut?
There are very good reasons for arguing in favour of Greek public debt undergoing a haircut. Unfortunately, there are also some reasons for wondering whether things are not that simple and that a haircut might not be an ideal solution.
Contributor: Kostas Karkagiannis
Categories: Europe (280), Economy (319), Greece (482)
Europe missed an opportunity on banking union
In June 2012, at the height of the debt crisis in the eurozone, its leaders decided to create a banking union. Their aim was, as the conclusions of that summit stated, to: “break the vicious circle between banks and sovereigns”. In this case, the sovereigns were members of the single currency whose economies were suffering.
Contributor: Kostas Karkagiannis
Categories: Europe (280), Economy (319)