This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Ian Shine, Senior Writer, Forum Agenda 1. US edging closer to default amid debt ceiling deadlock Political deadlock over raising the United States’ $31.4 trillion debt ceiling is threatening to push the country into an unprecedented default by as […]US edges closer to debt default, and other economy stories you need to read this week
May 19, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Ian Shine, Senior Writer, Forum Agenda 1. US edging closer to default amid debt ceiling deadlock Political deadlock over raising the United States’ $31.4 trillion debt ceiling is threatening to push the country into an unprecedented default by as […]Why is Grexit again in the news? Who is to pay for Eurozone’s banking problems?
February 13, 2017 by Leave a Comment
Grexit, Greece’s exit from the euro area, is back in the news – for the wrong reasons. During this past week, the country’s creditors, the European Commission, the European Central Bank, the European Stability Mechanism and the International Monetary Fund, finally agreed amongst themselves to set even tougher conditions in order to continue refinancing the […]Greece’s Tsipras: Risking country and Eurozone or securing an extra argument for creditors?
June 30, 2015 by Leave a Comment
The Greek Prime Minister Alexis Tsipras and his governing left wing SYRIZA party, cornered between its populist rhetoric for greener grass and the realities of the dragging on negotiations with the country’s creditors, called for a referendum next Sunday 5 July without a clearly defined question, denying to exactly clarify where the ‘yes’ or the […]
