First-round presidential election results show that the Poles have not been persuaded to vote for a candidate promising to go to war in the Ukraine or on the Russian border.
Read more...Not surprisingly, the central bank has gone mum about a Freedom of Information Act request we submitted over two months ago.
Read more...Today, Greece blinked. But one unconfirmed report suggests the government got some eyewash.
Read more...A Greek default looms, but what does that mean for Greece and its creditors?
Read more...Greece may succeed in avoiding a default next week, but it remains at loggerheads with its creditors.
Read more...A new paper shreds the myths that justified the misguided application of austerity and wage-rate reduction policies in Greece and the Eurozone.
Read more...Weak demand in the Eurozone; inventory build-up in the U.S., and free money meant carriers added more and more ships. How does the movie end?
Read more...It’s painful to watch the Greek ruling coalition unwittingly do the creditors’ work by wringing Greece dry of cash more aggressively than Pasok or New Democracy would have dared to.
Read more...Complex forces are shaping macroeconomic evolutions around the world. In this column, IMF’s Chief Economist Olivier Blanchard describes some of these forces and provides an overview of the state of the world economy. Putting the forces together, the baseline forecasts are that advanced countries will do better this year than last, and emerging countries will slow down. Overall, the global growth will be roughly the same as last year, with the macroeconomic risks having slightly decreased.
Read more...Angela Merkel could be in serious trouble, after revelations that Germany’s national intelligence agency, the BND, has been spying on key European assets on behalf of US intelligence.
Read more...A country survey of the effects of the British election, which takes place next week, with a musical critique of the Tories.
Read more...Syriza has failed because it does not believe in governing along the lines of what it promised unless it is easy to do so.
Read more...The IMF is finding it hard to put enough lipstick on the pig of financing Ukraine.
Read more...In case you had any doubts that Greece is supposed to act like a good debt vassal, the Eurogroup’s hissy fit over Yanis Varoufakis at last Friday’s meeting, which stoked a raft of unflattering articles, has now led it to demand to that Greek government remove him.
Read more...The Greek negotiations with the Eurogroup are exemplifying the saying, “Things look the darkest before they go completely black.”
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