Greece

Europe is growing again and I see this growth phase lasting a while unless something in the Greek negotiation derails it. And while the Greek negotiations are tense I still believe Greece is an outlier that has indeed been isolated, making…

After the meeting in Riga, it is more clear than ever that the gap between Greece and the Eurogroup finance ministers is wide. Default looks likely and so we have to start thinking about what this means for Greece and for Europe. My base…

It seems that there will be no agreement between Greece and its Eurozone partners. Short of cash, the Greek government will have no choice but to suspend payment of its maturing debts. This column looks at what happens next. In brief, it…

There is an element that links the terrible human tragedy in the Mediterranean and the ongoing Greek crisis. It is Europe's over-emphasis on moral hazard.

Greece is expected to submit a more complete list of reforms in order to free up funds so the country can service its obligations. Four times the Greek government has provided lists and four times the European group of finance minister…

The important point is that returning to growth after the crisis may not be sufficient to facilitate political stability. The damage to the middle class is serious and Rajoy does not appear to appreciate that. The economic cost of…

There is a legal concept called "odious debts." It can be traced back more than a century. The US helped create a precedent for it by denying Cuba's responsibility for the debt incurred under Spanish colonial rule. The concept took on…

Although the euro is now headed up after it overshot to the downside, I believe the European recovery has legs and will continue indefinitely as long as a calamity in Greece doesn’t pull Europe down.

I support what Yanis Varoufakis is trying to do in Greece. I see him as someone who is trying to change the debate in Europe from a narrow one about fiscal rectitude that brings out all sorts of nationalistic prejudices to a wider debate…

One thing to keep in mind regarding both politics and shares in Europe is that upgrades to the growth outlook are coming and more should be expected. I see Germany doing particularly well given the decline in the euro. This is positive for…