There is the old saying “Beware of Greeks bearing gifts” refers to the story of the Trojan Horse. Yet in Eastern Europe, because of the defaults of the...
Greece and its creditors stuck to their positions on Monday after the collapse of talks aimed at preventing a default and possible euro exit, while Germany’s...
Interesting day all around… European bonds are weaker from the opening rumors of unwinding the yen carry trade as a result of the stronger JPY (on Abe’s...
It is all show. Now, Merkel desperately wants to bring a signed bailout deal with Greece to secure the euro. Greece managed to raise nearly €3 billion at its debt...
The European Union (EU) is now looking at consolidating all member debt, which is what they should have done from the start. The question remains – Is it too late...
QUESTION: Marty, With the default of Greece and their exit from the Euro, what is likely to happen to the debt and what rate would you expect the drachma to be...
Poland is legally obliged to switch its currency to the euro under the terms of its 2004 EU entry. Nonetheless, Poland has continually demurred amid the...
COMMENT: Hi Martin, Fantastic data and research (as always). I was kind of surprised (never made the connection) by one of the images you posted. Your image shows...
There is little doubt that people are now calling for a debt crisis in European sovereign debt. When we began warning that this crisis would arrive by 2015 before...
COMMENT: Dear Martin, Thank you for all you do, you are really great! Looking for the exact day of default for Greece in Wikipedia I stepped into a monumental...