Articles on Grexit

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Whose money pile is growing was a key issue in 2015. Money tree via www.shutterstock.com

2015, the year that was: economics and business

Our scholars delivered a steady supply of research and analysis on what was a busy year in business and economics.
A billboard in Tehran. David Holt

From Greece to Iran: the importance of credibility

Lord Palmerston, Britain’s 19th-century prime minister, was reputedly the first person to have coined the phrase that Nations have no permanent friends or allies, they only have permanent interests. Many…
Greek demonstrators protested as its government voted to accept the latest austerity conditions. Greece would have been better off exiting the Eurozone. AAP/New Zulu/Gael Michaud

Greece’s best chance of escaping economic misery was a ‘Grexit’

If Greece exited the Eurozone it would face several years of economic chaos. But it would be the master of its own destiny. The current EU offer will further destroy the Greek economy.
Greek"No" supporters celebrate referendum results. REUTERS/Marko Djurica

What now for Greece and the euro?

The media predictions are dire, but the reality of the Greek monetary crisis may be less sensational.
Greece’s gross domestic product, shown here in 2010 constant dollars, has plunged since 2008. RED St. Louis Federal Reserve Bank and Hellenic Statistical Authority

Greece, like Wahlberg in The Gambler, just needs a friend — and a new currency

On Sunday, the citizens of Greece voted No on the country’s referendum to accept a package of money in exchange for further austerity measures. Now what? Every armchair economist from Iowa to the Aegean…

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