The Greek government yesterday bought some new time by officially requesting a bundling of this month’s IMF payments. A move which shows how serious Greece’s financial situation is but also how stalemated the negotiations are.
Friday, June 5, 2015
Carsten Brzeski: Eurozone: Final deadline postponed again
Merkelnomics: Eurozone: Final deadline postponed again
Wednesday, June 3, 2015
When Is Repaying Public Debt Not Of The Essence? | iMFdirect - The IMF Blog
When Is Repaying Public Debt Not Of The Essence? | iMFdirect - The IMF Blog
A radical solution for high debt is to do nothing at all—just live with it. Indeed, from a welfare economics perspective—abstracting from real world problems such as rollover risk—this would be optimal.
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