The European Central Bank joined Germany on Wednesday in playing down talk of a third bailout package for Greece, but reaffirmed the euro zone would help the country trim debt as long as it stuck to its latest aid program.
Reuters: August 22, 2013
European Central Bank Executive Board member Joerg Asmussen will visit Greece on Wednesday to discuss progress on reforms, the ECB said
Reuters: August 20, 2013
Greece is locked in unreason and the future is not so bright.
Thomas Colignatus: June 12, 2012
The EU is in a pressure cooker with interest rates that suffer from stigma, i.e. irrational fears of default that become rational and self-fulfilling because the higher rates of interest imply a reward.
Thomas Colignatus: January 30, 2012
Greece may actually help the EU if she learns how to value and respect the advice of economic scientists.
Thomas Colignatus: November 4, 2011
The leaders of Germany and France represent now far more than their electorates, and responsibility is crucial.
Paris Karagounis: June 21, 2011