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CEE: don’t breathe easy yet
Panic over for CEE? Not quite. Equities in central and eastern Europe are down again on Monday, after a recovery last week, and the main central European currencies are again softening against the euro...
View Article[update] Greek prime minister stays, referendum scrapped
George Papandreou, Greek prime minister, has not resigned and has scrapped a controversial plan to hold a referendum on the heavily indebted country’s membership of the eurozone. The U-turn by the...
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Argentina to Greek investors: sometimes it pays to take a haircut
When countries crash, does it pay to sue? It’s a timely question, with Greece still poised in the balance. Experience in Argentina suggests that accepting – even with a brutal haircut – may end up...
View ArticleLesson for Greece from the Caribbean
What country enjoys a bountiful tourism industry and pleasant weather, but has seen a government overspending and ill fortune send its indebtedness soaring, forcing a sorely needed sovereign...
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EBRD to Greece: please call the helpline
Will the European Bank for Reconstruction and Development, the bank set up to assist the former Communist countries of eastern Europe, soon be helping Greece? Maybe. But it won’t be offering money....
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RenCap: Russia the next Greece
Russia the next Greece? It sounds like a long shot. But Russia the next Greece as the subject of a report from an investment bank that specialises in marketing Russian assets? That sounds like a shot...
View Article[video] IMF tackles sovereign debt restructuring
The International Monetary Fund is looking at sovereign debt restructuring, worried that it is bailing out private creditors. Gabriel Sterne, an economist at Exotix, explains to Fast FT deputy editor...
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