Tomorrow, summer is over in Euroland
Tuesday, 21 August 2012 | 
Peter Lindmark
If anyone of you thought this Summer was quieter than last year, then it's not due to less hazards for the EU leaders, it's rather that they are more skilled than last year in the profession as holidaymakers. We could for instance see Pedro Passos Coelho swim in Algarve relatively anonymously, but he was eventually caught up by some road toll protestors.
Cutting Eurostat to Pieces
Monday, 21 November 2011 | Peter Lindmark
The present writer took up his Eurostat post in March 1991, right after Desert Shield. He was told then that Eurostat "had no right" to publish economic analyses and those instructions were repeated from time to time ever since. No Eurostat publication that he has seen contained any fruits of the officially forbidden research.
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Tags: analytics, Commission, econometrics, Eurostat, Greece, peter lindmark, statistics
The big fat Greek Drahma
Saturday, 5 November 2011 | Peter Lindmark
Yesterday, Giorgos Papandreou was at the center stage forRead more
G-20 Summit Cannes 3-4 November 2011
Sunday, 30 October 2011 | Peter Lindmark
Presidents Barroso and Van Rompuy shared their views in advance of the summit in a letter sent to the other members of the European Council on 7 October 2011 (see MEMO/11/678).
Peter Lindmark's blog | 1 comment | Tweet | Comments | Tags: Barroso, Cannes, credit crisis, G-20, Greece, summit, van Rompuy
The errors are manifold - Sarkozy: Greece should not have been in the eurozone - Soros: Same goes with Italy
Thursday, 27 October 2011 | Peter Lindmark
French President Nicolas Sarkozy has said it had been an error to admit Greece to the eurozone in 2001 but said he was confident the country could emerge from its debt crisis.
George Soros went even further and said that it was wrong that Italy joined too.
Eurozone to ask banks to accept losses of up to 50% on their holdings of Greek debt
Thursday, 13 October 2011 | Finance - Banki...
Reuters reported yesterday that to the October 23 EU summit, the banks will be asked to accept losses of up to 50% on their holdings of Greek debt. This is much larger haircut compared to the 21% loss financial institutions were asked to accept in July.
This page outlines issues of the Greek storm blowing a 'howlin monster' over Brussels ....
The 2 trillion euro plan to save the euro
Sunday, 25 September 2011 | Finance - Banki...
The Telegraph reports that German and French authorities have begun work on a three-pronged strategy behind the scenes amid escalating fears that the eurozone’s sovereign debt crisis is spiralling out of control. Their aim is to build a “firebreak” around Greece, Portugal and Ireland to prevent the crisis spreading to Italy and Spain, countries considered “too big to bail”.
Handelsblatt: Deutsche Bank Sees Higher Greek Writedowns
Friday, 23 September 2011 | European Affairs
Deutsche Bank calculations show writedowns on Greek sovereign debt holdings may exceed the 21 percent to which banks and insurers agreed, Handelsblatt said, citing Charlotte Jones, a controller for the German lender.
The writedowns for the European institutions may amount to 25 percent or more, Jones said, according to the German newspaper, which didn’t specify where she made the comments.
Bob M. Traa the IMF man in Greece
Monday, 19 September 2011 | Finance - Banki...
Mr. Traa is a national of the Netherlands and has been with the IMF for 25 years. He holds a PhD in economics.
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