Tsipras’ choice : running with the hare and hunting with the hounds

On the surface, Tsipras’ decision to hold a Referendum on the EU agreement proposal seems irreprehensible. This is a  crucial decision for Greece  which would have far reaching economic and political implications for the next few years (Drachma vs Euro, Russia/EU influence). Democracy requires that the people should decide. This  narrative is nonsense. Tsipras has […]

The Greek Saga and Redemptions

The next two weeks are going to be crucial for the Greek saga. The  Frankfurter Allgemeine Zeitung reports that the Greek government has about until the first week of April before running out of cash. Assuming this is  true, a deal on reforms will have to be signed off by then. Debt coming due is […]