A valuable insight into the conflicts within the IMF and especially between the executive board of the organization and its management and staff has emerged from a recent internal report into the body’s handling of the Eurozone crisis – specifically Greece, Ireland and Portugal. At the hearth of this conflict was the decision-making process, which […]

A new agreement has been reached between Greece and its creditors regarding its bailout program. Jeroen Dijsselbloem, president of the Eurogroup, has described it as “ambitious” and a “major breakthrough”. However, a look at the details shows that it’s anything but. This agreement follows the Eurogroup’s time-honored tradition of kicking the can down the road […]