Europe and Eurasia

Greece

  • Budget, Debt, and Deficits
    Global Economics Monthly: February 2015
    Bottom Line: January provided a healthy reminder that debt overhangs do not go away. Eventually they undermine the economy and politics of the debtor country. What lessons will be learned? Soverei…
    Report by Robert Kahn February 6, 2015
  • Greece
    Will Greece Trigger a European Crisis?
    Greece’s new political leadership is set to challenge the German-led austerity policies in Europe, which could spur the rise of more anti-establishment movements across the continent, says political risk analyst Ian Bremmer.
    Interview with Ian Bremmer and Jeanne Park January 28, 2015
  • Europe
    What a Syriza Victory Would Mean for Europe
    This weekend’s snap election in Greece could determine the direction of the country’s future, as well as shift the economic course for the rest of the eurozone, says expert Eleni Panagiotarea.
    Interview with Eleni Panagiotarea and Jeanne Park January 23, 2015
  • Europe
    A Growth Strategy for Greece
    The EU and IMF should loosen the austerity requirements of Greece’s bailout package to allow the indebted country to implement needed growth-enhancing policies, says former prime minister George Papandreou.
    Interview with George Papandreou and Christopher Alessi March 20, 2013
  • Europe and Eurasia
    "Iceland's Post-Crisis Miracle" Revisited
    Back in July 2010, we produced a post examining the “Icelandic Post-Crisis Miracle,” as proclaimed by Paul Krugman.  We showed that Krugman’s “miracle” was merely an artifact of comparing changes …
    Blog Post by Greenberg Center for Geoeconomic Studies July 2, 2012 Geo-Graphics
  • Elections and Voting
    The Greek Elections: Three Things To Know
    A Greek exit from the euro following the country’s upcoming elections will be have negative consequences for Greece, European banks, as well as the eurozone, cautions CFR’s Sabastian Mallaby.
    Explainer Video with Sebastian Mallaby June 14, 2012
  • Greece
    Greek Elections and the Eurozone’s Future
    Greek elections this weekend could render a verdict on the country’s eurozone future, with analysts fearing serious consequences for the global economy, says this CFR Backgrounder.
    Backgrounder by Christopher Alessi June 13, 2012
  • Economic Crises
    Greek Tipping Point on the Horizon
    Greece’s political turmoil is spreading fresh economic uncertainty. But it is wrong to assume an automatic exit from the euro or further sovereign debt contagion, says expert Iain Begg.
    Interview with Iain Begg and Christopher Alessi May 16, 2012
  • Greece
    Preventing the Spread of Greece’s Crisis
    Sebastian Mallaby, Director of the Maurice R. Greenberg Center for Geoeconomic Studies and Paul A. Volcker Senior Fellow for International Economics, says Greece is nearing a turning point in its debt crisis. Mallaby predicts that "Greece is going to have to default, it’s going to have to be restructured in its debt," and argues that policy-makers need to "prevent the fire from spreading out of Greece and causing trouble all across the eurozone."
    Explainer Video with Sebastian Mallaby October 4, 2011
  • Greece
    A ’Deepening’ European Union
    Though Standard and Poor’s ranks Greece as the world’s lowest-rated economy, calling into question the eurozone’s future, economist Iain Begg says the debt crisis will paradoxically have the effect of deepening EU integration.
    Interview with Iain Begg and Christopher Alessi June 14, 2011
  • Greece
    Weighing a Second Greek Bailout
    Greece will undoubtedly receive a second bailout from the EU and IMF. But expert Daniel Gros says it remains to be seen whether default is inevitable and if banks and other private bondholders will also take a hit.
    Interview with Daniel Gros and Christopher Alessi June 10, 2011
  • Greece
    EU’s Rehn: Greek Aid Plan Days Away
    European Union Commissioner for Economic and Monetary Affairs Olli Rehn expects negotiations on a new Greek aid plan between the EU, IMF, and Greek government will conclude "in the coming days," ahead of the EU finance ministers’ meeting scheduled for June 20.
    Explainer Video with Olli Rehn June 1, 2011