Greece
Declaration by distinguished former European Leaders in Support of the Modest Proposal’s main tenets: The urgent need for a fresh New Deal for Europe
, 04/07/2011
Europe’s most serious deficit is political. A dearth of political will, democratic legitimacy and purposeful, farsighted leadership is responsible for the Eurozone’s repeated failures to get to grip with the Crisis’ different manifestations. Proposals like that our own Modest Proposal, of Tremonti-Yuncker and others offered Europe obvious alternatives to the current policy mix which exacerbates […]
Radio and TV interviews on the Euro/Greek Crisis and the Modest Proposal. Plus an announcement…
, 03/07/2011
For those interested, a number of links to recent radio and TV interviews on the latest twists and turns of the Greek-euro crisis follow: In conversation with Trevor Chappell, on ABC Radio National (27 June 2011) Interviewed in the As It Happens leading news and current affairs program of the Canadian Broadcasting Corporation (CBC) – […]
The Modest Proposal featured in UBS Client Magazine (Wealth Management Research) and in Basler Zeitung (Swiss Financial Newspaper)
, 30/06/2011
That these are turbulent times I need not remind you of. But when ‘radical’ views (like our Modest Proposal) are (A) endorsed by, on the one hand, demonstrators on the streets of Athens (whom I addressed in past weeks) and (B) promoted by banking colossus UBS in its recent Wearlth Management Research […]
The penny may be dropping? Five interviews/debates in which yours truly struggles to make a self-evident point (Al Jazeera, BBC, ABC, Bloomberg, Die Zeit)
, 17/06/2011
During the past 24 hours I was involved in a large number of interviews with non-Greek media outlets. For those interested, a collection of links is provided below. The main reason for bothering you with these interviews is that they reveal a gradual Gestalt shift. Whereas a year ago no one in the media took […]
The New York Times’ article on our Modest Proposal: My reaction
, 09/06/2011
As regulars of this blog know, its initial purpose was to promote a different way of thinking about the global, euro and Greek crisis and, in particular, to present what Stuart Holland and I call the Modest Proposal for Overcoming the Euro Crisis. (See also the plethora of supporting posts here.) Today, the New York […]
Article in Die Zeit, promoting the Modest Proposal
, 13/05/2011
A couple of days ago, Die Zeit kindly invited me to write an article expounding the virtues of the Modest Proposal for Overcoming the Euro Crisis in view of the Der Spiegel article that raised the alarm regarding Greece’scurrent predicament. In effect, Die Zeit gave me a forum from which to argue that this is […]
A brief radio interview on the first anniversary of the Greek government's request for a massive, destructive loan
, 22/04/2011
Some folks requested a link to my last BBC interview on the one year anniversary of the Greek so-called bail out request. Here it is (jump to around the 9 minute 20 second point to go directly to the relevant segment): http://www.bbc.co.uk/iplayer/console/p00g2f90
What should we do with Europe's zombie banks?
, 16/03/2011
I think that regular readers can predict my answer. It is the one that in fact any banker would, in a fit of honesty, give you: Non-performing loans must be deleted from the banks’ books. Same with derivatives that stand no chance of finding a market/buyer. These nonperforming paper assets weigh banks down and ensure […]
Further debate on the Modest Proposal for the Resolution of the Euro Crisis
, 16/01/2011
JG, a regular contributor to this blog (see here and here) and ex City of London banker, suggested to me that Step 1 of the Modest Proposal should be rethought in the context of the experience with Brady bonds; the financial instruments US Treasury Secretary Nicholas Brady devised in order to tackle the Debt Crisis […]
The Modest Proposal for the Euro
, 16/11/2010
A two-part plan for overcoming the eurozone’s crisis, re-designing its crumbling architecture, and reinvigorating the European Project (jointly authored with Stuart Holland, ex Member of Parliament in the UK, a former advisor to Jacques Delors and, currently, Visiting Professor at Coimbra University, Portugal)