{"id":3307,"date":"2012-01-11T15:07:14","date_gmt":"2012-01-11T13:07:14","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=3307"},"modified":"2012-01-11T15:12:00","modified_gmt":"2012-01-11T13:12:00","slug":"should-we-go-back-on-greek-psi","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/should-we-go-back-on-greek-psi\/","title":{"rendered":"Should we go back on Greek PSI?"},"content":{"rendered":"<p><a href=\"http:\/\/www.bruegel.org\/scholars\/scholar-detail\/scholar\/213-guntram-b-wolff\/\" target=\"_blank\">Wolff, Guntram<\/a>.<\/p>\n<p>A senior member of the ECB governing council, Athanasios Orphanides, recently argued in the Financial Times that the eurozone should jettison the deal reached on Greece and abandon the Greek private sector involvement (PSI). Such a complete policy reversal would restore confidence in the sovereign bond market, so his argument went. Orphanides claims explicitly that the deal reached on 21 July 21 2011, which involved the private sector in the burden sharing, increased the borrowing costs of other eurozone countries and triggered contagion. So should the eurozone follow Orphanides advice?<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>Bruegel<\/p>\n<p><a href=\"http:\/\/www.bruegel.org\/publications\/publication-detail\/publication\/667-should-we-go-back-on-greek-psi\/\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wolff, Guntram. A senior member of the ECB governing council, Athanasios Orphanides, recently argued in the Financial Times that the eurozone should jettison the deal reached on Greece and abandon the Greek private sector involvement (PSI). Such a complete policy reversal would restore confidence in the sovereign bond market, so his argument went. Orphanides claims [&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":[26,27],"class_list":["post-3307","post","type-post","status-publish","format-standard","hentry","category-18","category-37","tag-26","tag-27"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3307","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=3307"}],"version-history":[{"count":3,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3307\/revisions"}],"predecessor-version":[{"id":3312,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3307\/revisions\/3312"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=3307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=3307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=3307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}