Greece seemingly has no Plan A or Plan B on debt

By Hugo Dixon
May 11, 2015
Greek Finance Minister Varoufakis arrives on a motorbike at Maximos Mansion to attend a governmental meeting with Prime Minister Tsipras in Athens

Greek Finance Minister Yanis Varoufakis arrives on a motorbike at Maximos Mansion to attend a governmental meeting with Prime Minister Alexis Tsipras in Athens May 10 2015. REUTERS/Kostas Tsironis

Tories and Labour are almost twins

By Hugo Dixon
April 20, 2015

Are the Tories and Labour the Tweedledum and Tweedledee of UK politics? In most things, there’s not much to choose between the UK parties’ economic election pledges. Both want to cut the deficit gradually. Both want to splash out on the National Health Service. And both have a smattering of silly micro-policies. The big differences are that Labour would tax the rich more and the Tories might take Britain out of the European Union.

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.

Greece has no good Plan Bs

By Hugo Dixon
March 9, 2015

Greece has no good Plan Bs. Its only rational course of action is to work with its euro zone creditors to reform its economy.

Greece desperately needs quick fix

By Hugo Dixon
February 16, 2015

Greece desperately needs a quick fix. Time is running so short that a deal is needed in the next few days to stop Athens going bust. That will be, at best, a short-term patch-up while a long-term programme is worked out.

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.

Give Greece’s Alexis Tsipras time

By Hugo Dixon
February 3, 2015

There are two schools of thought about how the euro zone should play its negotiations with Alexis Tsipras, the new Greek prime minister. One is that other leaders and the European Central Bank should back him into a corner. The other is that they should give the radical left Syriza leader time.

Renzi still living on borrowed time

By Hugo Dixon
February 2, 2015

Matteo Renzi’s position has been strengthened by Italy’s presidential election. The prime minister persuaded the electoral college, made up mainly of parliamentarians, to choose Sergio Mattarella – against the wishes of Silvio Berlusconi, the media magnate, former prime minister and up to now Renzi’s quasi-partner.

Banks are Greece’s Achilles’ heel

By Hugo Dixon
January 12, 2015

A possible bank run is Greece’s Achilles’ heel.

The country probably won’t be forced out of the euro. But there is a scenario where this could happen. This involves Syriza, the radical-left party, winning the upcoming election and then running out of time before it can perform the policy U-turn necessary to keep its creditors on side. Depositors might then panic.

Greece still several steps from chaos

By Hugo Dixon
December 15, 2014

By Hugo Dixon

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