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Keywords: PSI
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Chapter
A flicker of hope
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Costas Simitis
Published: 30 April 2014
..., the implementation of the PSI programme and the recapitalisation of Greek banks. This agenda had to be pursued against a background of growing suspicion on behalf of Greece's international partners and increasing public hostility within Greece. Eurogroup LAOS Popular Orthodox Rally public sector GDP gross...
Chapter
A dead end
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Costas Simitis
Published: 30 April 2014
... with the Troika stalled, as the opposition calls for the re-negotiation of the Memorandum intensified. The Greek government's position on the PSI appeared contradictory. bonds European Council default Finland Greece PSI private sector involvement reforms Troika European Commission interest rates markets...
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Debt restructuring: the decisions of 21 July 2011
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Costas Simitis
Published: 30 April 2014
... EFSF European Financial Stability Facility PSI private sector involvement rating agencies Greek exit Greek problem Ireland markets ECB European Central Bank European Council Merkel Angela Sarkozy Nicolas Structural Funds economic governance Marshall Plan Spain Eurozone Greece European...
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The new solution
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Costas Simitis
Published: 30 April 2014
... Involvement (PSI) clause and the corresponding haircut in the value of Greek debt held by private investors did not dispel all doubts over the sustainability of public finances in Greece. The agreement over the financing of the EFSF also raised doubts on whether its firepower was sufficient to deal...