LOL GREECE

One of the easiest ways for journos to get a scoop these days is to go through the latest IMF projections for Greece and search for the wor...

BACKGROUND: Kill me no. 4 is the sequel to the original 'Kill Me' post available  here , which in turn is the sequel the  Dog At...

Readers not living under a rock in the past few days will have noticed that financial contagion has spread to Italy's banks, putting str...

The latest review of our stand-by arrangement by the IMF staff has come out and it is apocalyptically hilarious. The IMF still refuses to ...

The IMF and our own Government stuck to their line of -4% growth in 2010 for as long as they could. Then they reluctantly went down to -4.2...

Another day, another little bit of vindication. Our government's latest Letter of Intent to the IMF is so hilarious they have taken a b...

Our budget deficit for 2009 was 15.4% of GDP and Government debt was 127% of GDP, as revealed by Eurostat in its latest release . Amazingl...

So, apparently our latest GDP estimates are in and they look predictably crap. The 4.5% y-o-y fall in real terms was apparently close to...

Another big news item this week was Greece’s continued slide down the scale of Transparency International’s Perceptions of Corruption Index...

The IMF, we are often told, is a fiscal hawk whose single-minded, ideological pursuit of fiscal consolidation overrides all other concerns, ...

***** Owsiak: change in public debt in Poland unrelated to GDP growth. This is meant to be Laffer-bashing. 75% of Polish state spending is...

So it begins. An enormous amount of Greek debt is due to mature in early 2012. On top of the Memorandum money, we will need to tap bond ma...

The other day the economic historian and frequent reader, Alex, pointed out in his blog that Greece will never achieve any sort of sustaina...