DIW
Economy
Greek ‘Haircut’ is a Matter of Time, Says Head of German Institute
A “haircut” to Greece’s debt is unavoidable because it is not sustainable, Dr. Marcel Fratzscher, the President of the German Institute for Economic Research (DIW) and unofficial advisor to Chancellor Angela Markel said in comments in newspapers of the Funke...
Economy
PIMCO Says No Greek Market Return
Even as Greece's government proclaims an economic recovery will begin this year, the world's biggest bond fund manager PIMCO said it doesn't see any chance the country will be able to return to the markets this year, dashing some...
Economy
German Institute Says Greece Bankrupt
While Greek Prime Minister Antonis Samaras said austerity has helped put the country on the road to possible recovery and a return to the markets next year, the German Institute for Economic Research (DIW) said Greece's debt is unsustainable...
Economy
Fratzscher Sees Greek Debt Restructure
According to Deutsche Welle’s internet page, Marcel Fratzscher, president of the Berlin based economic research institute DIW, considers a new restructuring of the Greek debt to be only a matter of time.
As stated by the same source, in his...