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Open Think Tank Articles

April 26, 2010 | EU Should Have Veto Power in Athens

Hans F. Bellstedt: A high EU official should be installed in Athens as a state commissioner with the power to veto spending plans that do not comply with EU and IMF standards. Greece should enjoy a set of austere rules, similar to those having been imposed by the IMF on Argentina or Turkey when they were in financial trouble.

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Global Must Read Articles

May 10, 2010 | What Will it Take to Hold the Eurozone Together

EU leaders must do whatever it takes to save the eurozone because the newly founded European Stability Fund may fall short. ++ “The reforms, desirable as they may be, are probably too late.”++ And what is taking so long? ++ Instead of reforming the system, politicians are fighting a PR war as populism spins “out of control.” ++ Angela Merkel has been forced to pander to

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April 28, 2010 | Germany's Hesitation Made the Greek Crisis Worse

“Both Greece’s calculation errors and the diva-like reluctance of the German government to help Athens are nothing more than an invitation to speculators to bet on the demise of the southern European country.”++ When Germany failed to act quickly, speculators profited by betting on greater chaos from the fall-out. The pandemonium that ensued is encouraging risky business practices. ++ “In the

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April 20, 2010 | Germany Won't Let Greece Be the Next Lehman Bros

The collapse of Greece’s financial system would be as detrimental as that of a major bank. ++ Germany ultimately benefits from a stable euro-zone. ++ Germany has said that it supports assistance to Greece as a last resort. ++ The German government is now prepared to join the bailout effort as Greece has now made necessary concessions. ++ “Having an effective Europe, both

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Comments

October 12, 2011 | The main problem in the country is the...

May 5, 2010 | I would like to focus on the European...

May 3, 2010 | In response to Harry, I agree that the nature...

May 3, 2010 | Merkel's hesitation over the loan has nothing...

May 2, 2010 | While Merkel may have 'done right' by her...

May 2, 2010 | For Germany to commit to a bail out without a...

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