Greece has two weeks to produce red meat

By Hugo Dixon
April 7, 2015

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

Greece has two weeks to produce some red meat.

The default scenario is off the table for the time being after Yanis Varoufakis, the finance minister, confirmed the country would meet a payment to the International Monetary Fund on April 9. But with more payments looming, the fear of bankruptcy will be back by late April if Greece doesn’t come up with some substantial reforms.

Tsipras needs rupture with far-left, not Brussels

By Hugo Dixon
March 30, 2015

By Hugo Dixon

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

Is the ECB being unfair to Greece?

By Hugo Dixon
March 11, 2015

By Hugo Dixon

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

Greek euro exit will be hard to stop

By Hugo Dixon
February 9, 2015

By Hugo Dixon

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

Is Greece losing its reform drive?

By Hugo Dixon
June 23, 2014

By Hugo Dixon

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

How Greece can turn vice to virtue

By Hugo Dixon
April 14, 2014

Most Greeks know the expression vicious cycle – or favlos kyklos. But when you ask them the Greek for virtuous cycle, they often struggle to find the term, or even deny it exists.

Austerity debate misses half the point

By Hugo Dixon
April 29, 2013

The austerity debate misses half the point. It is true that governments, especially in the euro zone, shouldn’t chase an austerity spiral ever downwards. But they can’t just sit on their hands. They must drive even harder for structural reforms.

Hugo Dixon: Crisis, what crisis?

By Hugo Dixon
October 8, 2012

The credit crisis burst into the open five years ago. The euro crisis has been rumbling for over two years. The term “crisis” isn’t just on everybody’s lips in finance. Wherever one turns – politics, business, medicine, ecology, psychology, in fact virtually every field of human activity – people talk about crises. But what are they, how do they develop and what can people do to change their course?

What is the long-term euro vision?

By Hugo Dixon
May 21, 2012

What should be the long-term vision for the euro zone? The standard answer is fully-fledged fiscal, banking and political union. Many euro zone politicians advocate it. So do those on the outside such as David Cameron, Britain’s prime minister, who last week called on the zone to “make up or break up”.

What a euro growth pact should contain

By Hugo Dixon
May 7, 2012

It has become fashionable to talk about the need for a euro zone “growth compact” as weariness mounts over a diet of nothing but austerity. France’s new president Francois Hollande has popularised the idea. Even Mario Draghi has backed it. That gives the concept credibility as the European Central Bank president was one of the main supporters of the austerity-heavy “fiscal compact”, which requires governments to balance their budgets rapidly. Olli Rehn, the European Commission’s top economic official, has joined the bandwagon too: at the weekend, he advocated a pact to boost investment, while hinting that there may be scope to ease up a bit on the austerity.