The Great Debate UK

Sovereign default risk, fact or fiction?

May 14, 2010

-Jane Foley is research director at The opinions expressed are her own.-

You could not make this stuff up

May 12, 2010

-David Kuo is director at the financial website The Motley Fool. The opinions expressed are his own.-

Risk aversion comes screaming back

May 7, 2010

-Jane Foley is research director at The opinions expressed are her own.-

Eerie calm before Britain’s election

May 5, 2010

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

Financial Crisis Part II

April 29, 2010

- Laurence Copeland is a professor of finance at Cardiff University Business School and a co-author of “Verdict on the Crash” published by the Institute of Economic Affairs. The opinions expressed are his own. -

German elections bring forward a possible stalemate situation for EMU

April 28, 2010

-Jane Foley is research director at The opinions expressed are her own.-

from Breakingviews:

Greek agony must galvanize the euro periphery

April 23, 2010

The emergency numbers are ringing. Greek 10-year debt yields are ballooning to well over 8 percent. The country cannot sustainably finance itself. The debt of other troubled euro zone countries -- Portugal, Spain, Ireland and Italy -- is vulnerable to contagion. Help for Greece from the International Monetary Fund and European Union can't come too soon. But the probable rescue must be a spur not a salve, in Greece and outside it.

from Global News Journal:

If Greece’s debt dam breaks, who gets wet?

April 13, 2010

The 16 countries that share the euro single currency have agreed they will help Greece out if it needs. So far so good. But only now is the nitty-gritty of how member states will go about paying for their contributions being hammered out. And suddenly things are getting a little complicated.

from Breakingviews:

How to tell you’re not Greece — yet

April 12, 2010

By Rob Cox and Agnes T. Crane

Greece may be enviable as the ancient cradle of democracy -- but no country wants to emulate its contemporary fiscal troubles.

from Breakingviews:

Greek default should not be taboo topic

By Edward Hadas
April 6, 2010

Forget about Greece for a moment. Just think about country X, which has lived well beyond its means for years thanks to loans from inattentive or foolishly optimistic lenders. When the crunch comes, the X-people will have to cut back on spending. And the X-lenders will generally suffer from the famous rule of banking: "Can't pay, won't pay."