from Hugo Dixon:

Greeks choose between bad and terrible

By Hugo Dixon
July 2, 2015

Hugo Dixon is Editor-at-Large, Reuters News. The opinions expressed are his own.

The Greeks have to choose between the bad and the truly ugly in Sunday’s referendum. If I was Greek - and I’m not, although I speak the language and had a Greek great-grandmother - I would plump for the bad option, voting “Yes”.

from Morning Bid with David Gaffen:

Dispelling Some Myths About the Greek Situation

June 30, 2015

We’re at the point now where most bets are off the table, or the ones that at least were on the table before the Greeks and the rest of Europe saw fit to walk away from one another are feeling some pain. It’s worth looking at a few of the myths that got us to this point, particularly as, in an age of Greenspan Puts, the Bernanke Helicopter, Mario-Whatever-It-Takes, and Abenomics, the prevailing expectation for investors was that things just somehow get worked out.

from The Great Debate:

Fast Facts: Scenarios facing Greece after its default

By Jason Fields
June 30, 2015

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from The Great Debate:

Grexit signs: Drachma, how we’ve missed you!

By John Lloyd
June 28, 2015

A drop of water is seen on a Greek twenty-Drachma coin depicting ancient Athenian politician and general Pericles in this picture illustration taken in Athens

A drop of water is seen on a Greek 20-drachma coin depicting ancient Athenian politician and general Pericles in this picture illustration taken in Athens March 22, 2015. REUTERS/Yannis Behrakis

from Hugo Dixon:

Tsipras gambles Greece

By Hugo Dixon
June 27, 2015

Hugo Dixon is Editor-at-Large, Reuters News. The opinions expressed are his own.

from MacroScope:

Grexit and Brexit

June 9, 2015

There is one day to go before Greek Prime Minister Alexis Tsipras is supposed to meet EU bigwigs in a push for a political agreement on cash-for-reforms. Oneᅠglitch, though: the EU has only just received Tsipras's new proposal, one that was supposed to have been  handed over on Friday. Germanyメs Angela Merkel, Franceメs Francois Hollande and European Commission President Jean-Claude Juncker are not being given much time to prepare for their chat with the Greek leader.

from MacroScope:

A bit of Greek clarity from an act of defiance

By Mike Peacock
June 5, 2015

People make their way past a stencil by street artist Flip in Athens

Greece’s decision to delay a 300-million-euro payment to the IMF today and instead try to meet all June’s payments at the end of the month was probably an act of bravado for domestic consumption but it also clarifies things.

from MacroScope:

Beneath the babble, little sign of Greek progress

By Mike Peacock
June 1, 2015

Greece's Finance Minister Varoufakis and Eurogroup chairman Dijsselbloem talk during an euro zone finance ministers meeting in Brussels

We went into the weekend pondering the Greek government’s expectation that a cash-for-reforms deal would be agreed on Sunday, and we come out the other side with no breakthrough ... again.

from MacroScope:

Greek claim and counter-claim

By Mike Peacock
May 28, 2015

German Chancellor Merkel and Greek Prime Minister Tsipras leave after addressing news conference in Berlin

Another day of claim and counter-claim.

The Greek government said a deal with its lenders had reached the drafting stage and would not require wages and pensions cuts or reforms to the VAT regime. It didn’t take long for euro zone officials to retort that this simply was not the case and that the two sides remained far apart.

from MacroScope:

G7 ministers face full in-tray

By Mike Peacock
May 27, 2015

German Chancellor Merkel talks to Finance Minister Schaeuble during a debate of the Bundestag in Berlin

G7 finance ministers and central bankers gather in Dresden later today for a two-day meeting at an interesting juncture for the world economy.