A French friendly suggestion on how to save Greece from default and collapse

Jacques Delpla is an influential economist in French and European policy circles.

He has posted his suggestions for Greece at the Greek Economists for Reform blog.

His blog post is here.  The full article is here.

Lessons from Argentina for Greece

The WSJ returns to this comparison in this article.

The Decline of Cash

The NYT has an article on the declining use of low-value notes in the US (and the global rise in $100 dollar notes):  you can read it here.

Large Primary Budget Surpluses

The ECB’s June monthly bulletin has an interesting box on pages 94-95 on “Past Experiences with Sustaining Large Primary Budget Surpluses” (defined as sustained episodes with cyclically-adjusted primary budget surpluses of at least 4.5 percent of GDP for 5 years or more).  The bulletin is here.

How To Shut Down A (Small) Bank

The FT magazine has an illuminating article on how the FDIC can efficiently close a failing bank: you can read it here.