GR Political Economy Digest #13

TRALALA

The Greek government is called to make some major decisions in terms of its economic program in the next few weeks. There is very little time available to Alexis Tsipras’s coalition, not much leeway, and yet too much to do. Although both the Greek Prime Minister and his Finance Minister, Yanis Varoufakis, have softened their tone with their international counterparts, the negotiations are far from over yet. The month of February will be decisive for the future of the Greek economy, but also for the longevity of Tsipras’s shaky coalition. Whoever thought that the most difficult times are past us is in for a newsflash. February will not be a sprint, but a marathon.

Here are the top articles you need to read today on the Greek political economy:

  1. “I’m the finance minister of a bankrupt country”, Interview with Greece’s Finance Minister Yanis Varoufakis| Zeit Online, Feb 4 2015
  2. Greece has started debt-swap talks with IMF, minister tells paper | Reuters, Feb 4 2015
  3. Greece leaders hold key talks with ECB and EU chiefs | BBC News, Feb 4 2015
  4. It’s not just Greece and Spain that need their debt restructuring, by Jonathan Glennie | The Guardian, Feb 4 2015
  5. Greece is facing three massive tests of its debt plans today, by Mike Bird | Business Insider, Feb 4 2015
  6. Crunch time: Greece takes pleas to a hostile Europe, by Holly Ellyatt | CNBC, Feb 4 2015
  7. Not so strange bedfellows: making sense of the coalition between Syriza and the Independent Greeks, by Takis Pappas | Open Democracy, Feb 3 2015
  8. For Greece, GDP-linked debt may be more curiosity than cure, by Greg Ip | The Wall Street Journal (Real Time Economics Blog), Feb 3 2015
  9. Eurozone Should Give Greek Leader Some Time to Reach Compromise, by Hugo Dixon | The New York Times, Feb 3 2015
  10. Spain keeps hawkish eye on Greece as southern solidarity crumbles, by Tobias Buck | The Financial Times, Feb 3 2015
  11. Tsipras’ Greek balancing act begins, by Harris Mylonas and Akis Georgakellos | The Washington Post, Feb 3 2015
  12. A Greek Morality Tale, by Nobel Prize Winner Joseph E. Stiglitz | Project Syndicate, Feb 3 2015
  13. Greece’s rock-star finance minister Yanis Varoufakis defies ECB’s drachma threats, by Ambrose Evans-Pritchard | The Telegraph, Feb 3 2015
  14. Five questions about the ECB’s complicated relationship with Greece, by Brian Blackstone | The Wall Street Journal, Feb 2 2015
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