Paul Mason
Mark Carney’s last chance saloon warning on the global economy
Last night Mark Carney, governor of the Bank of England, issued a stark warning about the future of capitalism.
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Gary Gibbon
Hilary Benn on seeing the light on Europe
When Britain was last asked to vote on Europe, back in 1975, Hilary Benn was in the No campaign. But, unlike his father, he has since been convinced of the benefits of the EU.
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Gary Gibbon
Is the PM guilty of Euro-favouritism?
Is the PM favouring departments led by ministers likely to back him over Europe? That’s the concern in Whitehall about how the negotiations with the EU played out.
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Gary Gibbon
Osborne claims victory over euro fund row
The Treasury says it’s secured a deal that stops the European Commission exposing the UK to potential future costs if Greece defaults on a new bridging loan.
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Alex Thomson
EU hopes what Alexis agreed, Athens will enact
Juncker and Merkel saying early today they are confident Athens will do as it is told and as its own leader has negotiated, but the scale of the Greek PM’s U-turn remains breath-taking.
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Paul Mason
Greece wins euro debt deal – but democracy is the loser
There is now the basis of a deal to keep Greece in the eurozone – but it involves the crushing of a government elected on a landslide and the flouting of a referendum.
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Gary Gibbon
Greece: UK told no immediate threat to bank funding
The government will want to give clear advice to tourists heading for Greece (in a few weeks’ time that includes quite a few MPs, I understand, who have holidays booked there).
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Paul Mason
Yanis Varoufakis: the economist who wouldn’t play politics
Why did Varoufakis go? The official reason, on his blog, was pressure from creditors. But there are a whole host of other reasons that made it easier for him to decide to yield to it.
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Paul Mason
Greece crisis: a failure of economics in the face of politics
The IMF’s report yesterday got swamped amid the gloom, despondency and fractiousness of the Greek crisis. It said, in short, Greece’s debt has become unsustainable.
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Gary Gibbon
Alexis Tsipras has his homework thrown back at him by IMF
The IMF like their emergency economic plans from debtor countries pretty heavy on the spending cuts, light on the tax rises. The Tsipras plan was the very opposite.
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Paul Mason
Greece: a deal nobody believes in
While the proposal has caused outrage among the Greek conservatives and outrage among Syriza’s left-wing voters, the real problem is bigger.
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Paul Mason
Why the words ‘civil war’ are no longer a joke in Greece
If today’s Brussels talks fail, the Greek debt crisis could stop being a story about economics and become one of civil society, politics and the rule of law.
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Paul Mason
Greece – five pictures of a troubled country
Ahead of a crucial meeting on the Greece debt crisis on Monday, Paul Mason presents a special long-read, offering five pictures of the country.
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Paul Mason
Greek crisis: crunch time
The country will divide: right versus left – as it has been divided since British tanks rolled into Syntagma Square in 1944 to install former Nazi collaborators into office.
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Paul Mason
Deal or turmoil: a guide to what’s happening in Greece
With negotiations between Greece and its lenders stalled, but the differences amounting to around 0.6 per cent of Greek GDP, the stage is set for either a last-minute deal or a breakdown.