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 (276), Economy (314), Greece (469)
![Illustration by Manos Symeonakis [http://www.cartoonmovement.com/p/6035]](resources/toolip/img-thumb/2013/12/23/euflagbank_agora_symeonakis-large.jpg "Illustration by Manos Symeonakis [http://www.cartoonmovement.com/p/6035]")
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 (276), Economy (314)