Tag Archives: debt crisis

“It’s alive!”

There was a paragraph in a Financial Times blog post about the Greek debt deal that really caught my eye this morning: The [International Swaps and Derivatives Association] is important because they are the industry group which decides whether so-called credit … Continue reading

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“I was in a bookstore/café that could neither sell books nor make coffee”

UPDATE: I’ve been made aware by a reader that it’s doubtful whether the anecdote mentioned here is true. See the comments for details. Megan Greene from Roubini Global Economics shares a Kafka-esque anecdote from Athens which illustrates what the real … Continue reading

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The European Council summit: An early analysis

So the latest European Council ‘informal’ summit was held on Monday without too much trouble, and there were a couple of important decisions. Most importantly, all the attending countries except the United Kingdom and the Czech Republic agreed on a … Continue reading

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Countdown to Another Summit

Tomorrow (Monday 3oth), the European Council will meet again at an “informal meeting” in Brussels. This will be sort of a half-way milestone in the process that was initiated at the last formal Council summit on 8-9 December last year … Continue reading

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Hooray for News Math: 10=13

(With apologies to Tom Lehrer for the title.) It seems that there are certain headlines, certain ideas or themes that are so compelling for some journalists that they will throw all of their critical thinking and basic research skills overboard … Continue reading

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A European Annapolis Convention?

(Apologies for the number of Wikipedia links, but this topic requires a certain amount of context.) In September 1786, a group of delegates from five of the newly-independent American states met in the city of Annapolis, Maryland, in what was … Continue reading

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Cui bono? The budget impact of a British withdrawal from the EU

So David Cameron’s not-actually-a-veto at the European Council summit last week has reignited the eternal debate over what the United Kingdom actually wants to do with itself in the EU, or whether it would be better off leaving altogether. One … Continue reading

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