Marcel Fratzscher
Economy
Greece’s Inability to Tackle Migrant Crisis Calls for Deeper Reform, Says President of DIW-Berlin
Greece needs to abide by the agreement for reforms as laid out in the new bailout program and the migrant crisis facing the country today should be no for deviation from the “agreed” route, said Marcel Fratzscher, President of...
Economy
German Economist: 50% of the Greek Debt Should be Written Off
“We should probably reduce Greece’s public debt to half, which means 120 billion euros should be written off. This is what the German chief economist, head of the German Institute for Economic Research (DIY) and major government advisor, Marcel...
Economy
Germany Asks for Third Bailout and More Debt Haircuts
The new German proposal addresses the financial crisis that is plaguing Greece with a new bailout loan, more debt haircuts and a more responsible attitude on Greece's part.
This was stated by the German Institute for Economic Research president, Marcel Fratzscher who added...
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
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...