The FT website carries this explanation of the ‘rescue scenario’ if Greece were unable to fund its liabilities.
Author: Philip Lane
This article in today’s FT offers yet another adjustment option: you can read it here.
You can read the latest NCC study on this topic here.
Many congratulations to Kevin O’Rourke on being the first Irish-based recipient of the prestigious European Research Council Advanced Investigator Grant for a project to research the inter-relationships between trade, trade policy and the Great Depression: you can find out more details here.
Gary McGann [Smurfit CEO] gives his views on the Irish economy in this FT video .