{"id":1651,"date":"2011-06-21T10:18:29","date_gmt":"2011-06-21T08:18:29","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=1651"},"modified":"2011-06-21T20:24:49","modified_gmt":"2011-06-21T18:24:49","slug":"delaying-tactics-no-help-in-greek-tragedy","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/delaying-tactics-no-help-in-greek-tragedy\/","title":{"rendered":"Delaying Tactics No Help in Greek Tragedy"},"content":{"rendered":"<p><a href=\"http:\/\/online.wsj.com\/search\/term.html?KEYWORDS=PAUL+HANNON&amp;bylinesearch=true\" target=\"_blank\">Hannon, Paul<\/a>.<\/p>\n<p>Not for the first time during the slow-motion car crash that is the euro zone&#8217;s fiscal crisis, policy makers are tying themselves in knots in an effort to minimize collateral damage.<\/p>\n<p>They fret over whether ratings agencies and other self-appointed market regulators will define investors&#8217; participation in a new Greek funding package as a default.<\/p>\n<p>But they can only avoid a restructuring of Greek government bonds held by private investors if they are prepared to fund the government for an open-ended period, and accept a huge write-down of their own loans.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae<\/strong>: The Wall\u00a0Street Journal<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/article\/SB10001424052702303936704576397713297465414.html\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hannon, Paul. Not for the first time during the slow-motion car crash that is the euro zone&#8217;s fiscal crisis, policy makers are tying themselves in knots in an effort to minimize collateral damage. They fret over whether ratings agencies and other self-appointed market regulators will define investors&#8217; participation in a new Greek funding package as [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,37],"tags":[26,28,27],"class_list":["post-1651","post","type-post","status-publish","format-standard","hentry","category-18","category-37","tag-26","tag-28","tag-27"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/1651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=1651"}],"version-history":[{"count":2,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/1651\/revisions"}],"predecessor-version":[{"id":1656,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/1651\/revisions\/1656"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=1651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=1651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=1651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}