It seems the German government has finally publicly accepted what everyone already knew – that Greece will need some kind of further financial assistance after its second bailout programme expires at the end of 2014. German Finance Minister Wolfgang …
Posted by Open Europe blog team
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eurozone crisis, German 2013 federal election, germany, Greece, Greek bailout, Greek euro exit, grexit, Merkel, schauble |
April 18, 2013
As we’ve noted in the past, a factor that will determine whether the eurozone can hang together in the long term is the extent to which the public in the South begins to see the euro and EU austerity as synonymous. For example, despite everything …
Posted by Open Europe blog team
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anti-austerity, austerity, Cyprus, democratic deficit, eurozone crisis, Greece, grexit, Hans-Werner Sinn, internal devaluation, public opinion |
November 2, 2012
This week saw the release of the Greek budget plan for 2013-2016 and it did not make for happy reading. The English version is yet to be released but below we reproduce some of the key facts and figures from the Greek report. The table below essentiall…
Posted by Open Europe blog team
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deficit, ECB, esm, EU-IMF memorandum, eurozone, eurozone crisis, Greece, grexit, growth, imf, sovereign debt |
August 24, 2012
It may sound incredibly obvious, but the eurozone crisis is not only about Greece. Yes, Athens may be facing its “last chance” (Juncker dixit) to save its euro membership. And yes, the diplomatic offensive launched by Greek Prime Minister Antonis Samar…
Posted by Open Europe blog team
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Cyprus, dutch elections, eurozone, eurozone crisis, eurozone exit, German Constitutional Court, Greece, grexit, Portugal, Rajoy, Samaras, Spain |
Over on the Spectator’s Coffee House blog, we argue,Things in Greece could have been worse after the election, but that fact can’t be hailed as a ‘turning point’. Assuming that Greek political leaders form a coalition and push ahead with EU-ma…
Posted by Open Europe blog team
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eurozone, eurozone crisis, eurozone exit, Greece, Greek bailout, grexit |
Over the weekend, we published a new briefing looking at the implications and likelihood of a Greek exit from the euro. We argued that an imminent Greek exit isn’t inevitable, nor that it would solve Greece’s problems – though, if managed, leaving the …
Posted by Open Europe blog team
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default, devaluation, Greece, Greek euro exit, grexit, sovereign debt |
Open Europe is an independent think tank contributing bold new thinking to the debate about the direction of the EU.
