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Archive: May, 2012

Greece out requires a bazooka

The probability that Greece is out of the euro in the next 2 months has increased to high levels. The risk of contagion to Spain and others is significant. This is clear to EU policy makers, which means they ought to be thinking about the response, which in this case needs to be a big read more

Martin Anidjar | May 18, 2012

Can’t rule out a euro collapse

The elections in Greece and France have brought yet another bout of euro crisis. It had been so far a game played between policy makers (EU, ECB, IMF) and markets (especially bond markets), in which policy reacted with bailouts and political agreements to every bout of market pressure. There is a new player now, which read more

Martin Anidjar | May 14, 2012

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