Category Archives: Euro

Aug 7 2015

God in Berlin, Newton in Brussels: On the Power of Linguistic Images in the Eurozone Crisis

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By Hans Rusinek The limits of our language are the limits of our world, famously observed the philosopher Ludwig Wittgenstein. For him, word and fact are in a representational relationship: a word is only an image of a fact, but we … Continue reading

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Jul 13 2015

The real sins of Varoufakis: why Greece is being punished for refusing to play by the Eurogroup’s rules

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By Christopher Bickerton Talks continued through the night in Brussels, with Eurozone leaders eventually reaching an agreement on Greece. While negotiations were always likely to be tough, the original discussions between Greece and its creditors did not break down because … Continue reading

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Jul 10 2015

Is the BRICS Bank an alternative for Greece?

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By Konstantinos Myrodias and Panos Chatzinikolaou This article concerns Greece’s potential accession to the New Development Bank established by the BRICS and examines whether BRICS Bank provides an alternative for Greece to rescue its economy in such a crucial moment of negotiations among Greece, … Continue reading

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Jul 9 2015

The Greek Referendum: Popular Verdict or Foregone Conclusion?

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By Eleftherios Antonopoulos It is easy to blame the yes campaign but hard to account for its 38.69 per cent in a snap referendum framed as foregone conclusion In the early morning hours of Saturday June 27, Greek TV programmes … Continue reading

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Jul 7 2015

Grexit remains unlikely, but time is against the Greek government

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By Lorenzo Codogno Eurozone finance ministers met today (Tuesday 7 July) to discuss the Greek debt crisis following the country’s ‘No’ vote in its bailout referendum on 5 July. While a Grexit remains unlikely, the risks have clearly increased since … Continue reading

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Jul 5 2015

So this is how it all ends…

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By Vassilis Paipais   Since almost the outbreak of the Greek debt crisis in 2009, speculation began as to whether this would be a turning point announcing the end of one of the longest periods of peace, stability and democratic … Continue reading

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Jul 2 2015

The Greek referendum offers an opportunity to challenge the EU’s preoccupation with the ‘politics of emergency’

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By Jonathan White Following months of discussions, Greece missed the deadline for a 1.5 billion euro payment to the IMF on 30 June. This article assesses what the Greek debt crisis says about the wider process of European integration. EU … Continue reading

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Jun 11 2015

Greece’s creditors are paying the price for not relaxing their conditions prior to the 2015 election

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By Stephanie J. Rickard With no deal reached between Greece and its creditors despite months of negotiations over the release of further financial assistance, the country opted to delay a €300 million debt repayment to the International Monetary Fund (IMF) that … Continue reading

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Jun 7 2015

Greece – Deal or no deal? Parameters of a decision

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By Max Hänska It appears to me that much of the ongoing discussion about the Greek debt talks misinterprets the parameters of the challenge, and the resulting (irreconcilable) disagreement. Some economists attribute the standoff to the unwillingness of creditors to accept economic facts (Greece … Continue reading

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Jun 2 2015

Europe entrapped? An interview with Claus Offe

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By Claus Offe and Daniel Whittall Europe remains mired in a crisis as much political as it is economic. The crisis has been long in the making and its dynamics stem from the institutional structures that govern European politics.  In Europe Entrapped Claus Offe, Professor … Continue reading

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