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The PSI’s enigma—and a possible solution
The Greek government is currently preoccupied with solving the PSI (Private Sector Involvement) enigma. Bringing the PSI to fruition is a precondition for receiving the next tranche of bailout funds...
View ArticleThe drachma path
Once more the scenarios of a possible Greek exit from the Eurozone are in fashion. We also see scenarios of a Greek exit from the EU. Most media and commentators replicate the mutterings of European or...
View ArticleRestructuring, roll-over, moratorium
In the next few weeks the ECB/EU/IMF Troika will deliver its report on the implementation progress and compliance of Greece. On the basis of this report the EU and the IMF will decide whether to...
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