Euro: The Greek Negotiation Cannot Go On Forever
Today, for the very first time, the Greek government showed some sign of weakness: eventually, Varoufakis & Tsipras will have to please Germany or walk out of the Euro system Well well well, it seems…
Greece
What Happens If Greece Is Forced Out Of The Euro ?
Business Insider makes a good analysis on what may happen in case Greece is forced out of the Eurosystem, this is a post that is worth reading (guest post) Rampant inflation, political unrest, debt defaults…
Greece Should Leave The Euro Now
Yes, there will be dire consequences and Athens will go through a financial storms worse than the one of the last default, but the Greek people cannot suffer for decades only for the hope of…
Wall Street: A Bad Beginning Of The New Year
Just like 2014, 2015 didn’t start off on the right foot for Wall Street: is this a prelude to a disappointing year for financial markets ? We wondered the same thing in January 2014, and…
Greece: Default Probability At 76% (And Growing)
The latest data from 5Y CDS on Greek bonds imply a default probability equal to 76%, and it’s still very low (original publishing date: 01/30/15) Considering that the first point of Syriza’s political program is…
A Greek Default Would Seriously Hurt Everyone (But It’s Necessary)
As Germany keeps on ignoring Athens, it is worth reminding everyone that a Greek default would be a serious problem for the whole Euro Area, we must fear the direct and indirect consequences of the…
Greece: Stocks Are Down By 18% In Two Days
The bloodbath is not over: this time the markets are really going crazy about the “Gr-exit” issue, will Athens really leave the Euro ? Here’s the financial disaster of these two days: The bond market…
Another Sad Picture From The Euro Area
No one, not even Germany, is doing good at the moment in the Euro Area: economic and political issues are threatening the invisble €-recovery Whatever Brussells is doing, it’s not working at all: Note that…
European Default ? The Market Has A Different Opinion
The decline in European CDS has been really sharp starting from the day the ECB promised a new LTRO for the end of 2014, but is this trust justified or are we seeing an excess…
Is Ukraine The New Greece ?
“The IMF is coming”, now that Ukraine will be in the “safe” hands of those smart people working for the International Monetary Fund, some of us are starting to have that famous awful doubt: will…