Ifo President Favours Interest Rate Hike in the US
Ifo President Hans-Werner Sinn has called upon the US Federal Reserve to raise its interest rates. Ifo Press Release
“Exit, Devaluation and Haircut for Greece”
I have enormous respect for Jeffrey Sachs as an able and thoughtful economist. Yet I believe that he misses a historical reality. His comparison with Germany under the Weimar Republic is askew.Read more
“Don’t Lend to Your Euro Friends”
After months of games and brinkmanship, and only a week after Greek voters rejected the conditions for a €7.5 billion rescue package, the end came swiftly.Read more
Varoufakis's Great Game
Many people in Europe seem to believe that Greek Finance Minister Yanis Varoufakis, a political neophyte, does not know how to play the cards that his country has been dealt. They should think againRead more