Open Europe Blog

Archives for eurozone bailouts

Eurozone finance ministers finally reached a compromise yesterday which will allow the ESM, the eurozonebailout fund, to directly recapitalise ailing banks. This is likely to be an important element of any ‘solution’ to the eurozone crisis, especia…

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The Cypriot parliament has officially approved the bailout deal that the government agreed with its eurozone partners and the IMF. (See here for our previous thoughts on the deal).A rejection of the deal would probably have led to a Cypriot exit from t…

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Given all the Germany-bashing over the last week, in the wake of the Cyprus bailout deal (some of it completely ridiculous), it’s easy to forget that the Germans themselves are remarkably united over the agreement. In fact, the feeling is that Germany,…

Posted by Open Europe blog team

Early on Tuesday morning the eurozone and the IMF reached an agreement which has been widely billed as their most comprehensive package to aid Greece. Now that the dust has settled somewhat, Open Europe has published a new flash analysis assessing the …

Posted by Open Europe blog team