Category: Debt

The myths that have fallen (and those that will fall) in the Greek crisis


In the year and a half that has passed since Greece revealed after years of lies and cover-ups, the terrible state of its public accounts is many myths, taboos, that the European leaders have had to drop to try to take the reins of the crisis and avoid a major disaster for the whole of […]

Zapatero seeks the advice of experts like Boyer to get out of his labyrinth


SPAIN AND THE CRISIS Two hundred billion euros. That was the lifeline, they told the president when the sky began to overcast. 200,000 million euros was the debt margin available to the Kingdom of Spain in the spring of 2008, without infringing the third mandate of the Euro Law (“your public debt will never exceed […]