Greece


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A Eurogroup Deal That Might Be Hard To Stomach

Yiannis Mouzakis via Macropolis | Following an 11-hour Eurogroup that brought back memories of other classic encounters between Greece and its lenders, an agreement was reached to disburse 10.3 billion euros from the programme’s financing in two tranches – next month and in September – as the much-contested debt issue was put on the table.



Photo credit: Jordi Bernabeu via Foter.com / CC BY

The Refugee Crisis And The Beast Within

Nick Malkoutzis via Macropolis | As symbols go, the imaginary pig’s head in William Golding’s Lord of the Flies requires little explanation. Its meaning is summed up in one line of the unnerving classic. “Fancy thinking the beast was something you could hunt and kill!” says the fly-infested head. “You knew, didn’t you? I’m part of you?”






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All eyes on Greece

LONDON | June 24, 2015 | BARCLAYS | Although the news from  Greece’s programme negotiations was mildly positive, we remain cautious on the eventual outcome as the situation remains very tense, particularly with respect to the banking sector.


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Better red than dead

MADRID | June 21, 2015 | By JP Marín Arrese | Bertrand Russell coined this famous phrase when the cold war nuclear escalation threatened the survival of the human race. A useful tip for intractable confrontations where sanguine sentiments lead conflicting sides to prefer collective ruin rather than reaching a compromise. The Greek imbroglio is a good example.