September 16, 2011 | Daily JAM, Morning Briefing |
It’s not only that the Greek economy is shrinking faster than expected when the austerity package was put together—projections now call for GDP to shrink by 5%. But also that the Greek government is clearly unable to deliver the goods even when it enacts measures that would increase revenue.
September 13, 2011 | Mid Term |
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July 11, 2011 | Daily JAM |
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June 14, 2011 | Daily JAM |
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June 10, 2011 | Morning Briefing |
The German government and European Central Bank are playing “huhn” with the euro and the Greek debt crisis. With the deadline for coming up with a new “solution” to the Greek debt crisis coming up fast—June 24 is the date that keeps coming up—both sides have stepped up the rhetoric.