European Lifejacket Offered to Greece

President of the EU Herman Van Rompuy announced yesterday that EU leaders had reached an agreement on helping Greece tackle its debt crisis. EU rules forbid the collective bail-out of a Euro member state but the scale and urgency of the Greek crisis has forced EU leaders to improvise. No deal-specifics have been given yet but it is obvious that..

The Greek Crisis: Behind the Scenes

*It’s been a while since I last posted on this blog due to my busy schedule and the global unfortunate events – apologies to the loyal readers.

Greece has been at the centre of interest the past month on its possibility of defaulting on its national debt and jeopardising the sustainability of the monetary union. Investors have been speculating on that scenario on the Greek equity and debt markets which unavoidably..