Greece debt crisis Archive

The Mosler Plan for Greece

The Mosler Plan, as previously posted on this website, is now making the rounds in Europe as an alternative to the French Plan that is currently under serious consideration: Abstract The following is an outline for a proposed new Greek government bond issue to provide all required medium term euro funding for ...Read More

Greek Banks Plead for More Aid in Debt Crisis

It’s all falling into place with the austerity measures taking their toll on the financial equity that supports the credit structure in a euro wide banking system that does not have credible deposit insurance. Greek banks plead for more aid in debt crisis By George Georgiopoulos and Harry Papachristou Apr. 7 (Reuters) ...Read More

ECB likely to extend lending unlimited funds at fixed

At least part of the ECB has repeatedly shown they do understand monetary operations and that it’s about price and not quantity. Subject: RTRS-ECB LIKELY TO EXTEND LENDING UNLIMITED FUNDS AT FIXED RTRS-ECB LIKELY TO EXTEND LENDING UNLIMITED FUNDS AT FIXED RATES INTO START OF Q3 AT MARCH MEETING-EURO ZONE MONETARY SOURCES ...Read More

EU Says There Is No Plan to Bail Out Greece

The markets are likely to force some entity to write a check: EU Headlines: EU Says There Is No Plan to Bail Out Greece Provopoulos Confident Greece Will Meet ‘Very Ambitious’ Goals Euro Worst to Come as Greece Hammerlocks ECB on Rates German Recovery ‘Prone to Setbacks,’ Finance Ministry Says French Lawmaker ...Read More

Goldman Sachs trying to broker Greek bonds to China

[Skip to the end] I went to high school with Chris Powell where he was a good friend of mine, then lost touch. We’ve had a few emails discussing GATA. Seems their beef is that the Fed is conspiring to keep the price of gold down, which wrongly hurts the GATA supporters. ...Read More