The Great Debate UK

from Breakingviews:

Greek rescue bizarrely increases its debts

By Hugo Dixon
July 25, 2011

By Hugo Dixon
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Greece deal is a compromise and, once again, the banks have won

July 25, 2011

By Laurence Copeland. The opinions expressed are his own.

Whenever I see photos of Chancellor Merkel these days, I’m reminded of the lugubrious features of the creature in the Restaurant at the End of the World, as it recommended to guests which part of its own anatomy they should eat. The details of the “Deal to Save the Euro” are still mysterious and have been given a misleading spin in the official releases, but one or two points seem clear.

from Breakingviews:

The way to end the Greek farce

By Hugo Dixon
July 12, 2011

By Hugo Dixon
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Another day, another crisis

July 12, 2011

By Laurence Copeland. The opinions expressed are his own.

Here we go again – the same sickening feeling, as stock markets reel amid a flight to “safety”. For months, there have been worries about contagion from the Greek imbroglio, and now the nightmare seems to be coming true, as one after another the weak European economies are put to the sword.

Europe’s bigger crisis waiting to happen

July 4, 2011

By Kathleen Brooks. The opinions expressed are her own.

So it looks like Greece has staved off default for another few months at least. Investors are breathing a sigh of relief and buying up risky assets like the world is a rosy place again.

from James Saft:

If Greece quacks like a default …

June 30, 2011

James Saft is a Reuters columnist. The opinions expressed are his own.

The proposed bailout of Greece probably can't escape the scarlet D of default, at least if the ratings agencies follow their own guidelines.

from Breakingviews:

Letter to the Greeks

By Hugo Dixon
June 29, 2011

By Hugo Dixon
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Breakingviews:

Greek Plan B needs two elements

By Hugo Dixon
June 28, 2011

By Hugo Dixon
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Could Italy go the way of Greece?

June 23, 2011

Italy has hogged the headlines in recent weeks mostly for political reasons rather than financial ones. But in a few months we may be concentrating on its fiscal woes and unsustainable debt burden.

Units and unities: can currency change really resolve the Greek tragedy?

June 22, 2011

As the Greek tragedy goes into what looks like its final act, there is increasing talk of the country leaving the euro zone and refloating the drachma. Perhaps the Athens street mobs favour this “solution”, but what would it involve, and would it work?