Why Greece declined a euro holiday. CEPS Commentary, 6 August 2015

In a new CEPS Commentary, Daniel Gros speculates on why the Greek government suddenly turned an about-face on July 13th and conceded to terms that not only controverted its own promises, but also closely resembled those that voters had overwhelmingly rejected in a popular referendum barely a week earlier?

spotlight europe 20120/05, August 2012: Confronting the crisis

The euro crisis has not gone away on holiday. In fact, it continues to generate a never-ending string of horrific headlines. Where is it all going to end? In this article we describe the proposed remedies that are currently being discussed, and what blue and red eurobonds, euro bills, FIRE and the debt redemption fund can actually achieve.