Five years after the Eurozone sovereign debt crisis broke out in Greece, the prospect of a SYRIZA victory generated high hopes within and beyond. Its promise to seek a debt write-down for Greece and to reject/ renegotiate the policies dictated by the Troika have been seen as the first real challenge of democratic politics to […]
Structural Reforms Will Not Mitigate The Risk Of Deflation In Europe
In a speech delivered at the Central Bank of Latvia on October 17th, Benoit Coeuré, member of the executive board of the ECB and apparently one of the currently few close confidants of Mario Draghi, argued that speeding up the pace of structural reforms in the Eurozone could be key to averting the area from […]