Olli Rehn thinks the IMF were being mean to the euro area’s leaders in last week’s report on the Greek programme. I don’t think so. Here‘s a post that lists many of the punches the IMF pulled.
The IMF’s apologia, er, review on its Greek programme makes for very interesting reading. Some quick comments here.
A report on my bizarre Twitter mauling at the hands of none other than Nassim Nicholas Taleb.
My reaction to the final agreement on Cyprus including a link to an op-ed I wrote for the Irish Times.
From the New York Times’s special “Missing the Point” unit comes “For Euro Zone, a Cyprus Exit Would Have Little Impact”. My response (in the form of an Onion-style story).
My latest thoughts: Is Draghi really going to save the euro after this week’s events.
I’ve updated my TARGET2 paper. Here is a post with a link to the new paper and a discussion relating to a potential exit of Cyprus from the euro.
Despite the absence of any panic today at European banks or in financial markets, I believe this weekend’s decision on Cyprus may cause serious trouble in the coming weeks and months. Comments here.
A quick reaction to the Cyprus deposit levy here.