Greece’s Debt Comeback Faces Its Biggest Test Yet

Greece’s Debt Comeback Faces Its Biggest Test Yet Why Athens’ aggressive debt repayment strategy may collide with a far more dangerous global financial environment For much of the past decade, Greece’s public debt story has been treated as one of Europe’s rare economic recovery successes. After years of bailouts, austerity, market panic and political upheaval, … Περισσότερα

Greece’s Early Debt Repayment Strategy Faces a New Era of Financial Risk

Greece’s Early Debt Repayment Strategy Faces a New Era of Financial Risk Greece’s Debt Strategy Has Been A Rare Success Story In recent months, debate has intensified around Greece’s ongoing strategy of early public debt repayment. Through a carefully orchestrated plan led by the Public Debt Management Agency (PDMA/ODDHX), the Greek state has moved aggressively … Περισσότερα

Russia’s “Shadow Aviation” Network Is Keeping Sanctions From Grounding Its Airlines

Russia’s “Shadow Aviation” Network Is Keeping Sanctions From Grounding Its Airlines Western sanctions were supposed to cripple Russia’s aviation sector after the invasion of Ukraine. Instead, Russian airlines are still flying almost as many Airbus and Boeing aircraft as they did before the war — thanks to an increasingly sophisticated global network of intermediaries, shell … Περισσότερα

SRTs and Shadow Banking: Is Europe Sleepwalking Into Another 2008 Crisis?

SRTs and Shadow Banking: Is Europe Sleepwalking Into Another 2008 Crisis? A Familiar Smell From the Past Something “new” is quietly spreading through Europe’s banking system. But for anyone who lived through the financial collapse of 2008, it feels disturbingly familiar. Back then, the world learned overnight what CDSs, CDOs and structured credit products really … Περισσότερα