A Five-Point Plan for Greece
If European leaders are to avoid sinking deeper into a crisis with unpredictable consequences, they must take urgent and immediate action, not debate far-reaching proposals such as a European Monetary Fund. […]
Euro-Zone Crisis
Beware of Inflation Fundamentalism
As the Euro crisis continues to play out in Greece and other weak Euro area members, the time has come for policy makers to consider moderately raising their inflation targets. […]
Greek Crisis: A Dire Warning From Argentina and Latvia
History shows that while leaving the Euro area and defaulting would have disastrous implications for Greece and Euro area, it may become the best of bad options if Greece does not receive adequate support from the EU. […]