Category Archives: Gordian Knot

GREECE: THROWING GOOD MONEY AFTER BAD. or, WHERE’S ALEXANDER WHEN THE EU NEEDS HIM: IT’S TIME TO CUT THE GORDIAN KNOT !

News Flash. The EU, the IMF, and ECB are actually offering to provide Greece with € 36.1 billion! The standard figure in the news of € 7.2 billion is actually wrong. (€ 7.2 billion balance tranche of second loan; € … Continue reading

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