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Entries by Georges Ugeux from 03/2012

Greece Out of Default Emergency Room, But Far From Being Cured

| Posted 03.09.2012 | Business

Do Greek authorities understand that, unless they play by the rules and restore their fiscal discipline, there will soon be another default... and no bailout? Nothing is less sure. This is not a few bad years; it is a different way to manage a country.

Italy Must Reschedule Its Debt Now

| Posted 03.19.2012 | Business

Greece was a problem, but the collapse of Italy is not manageable. Fifty percent of the Italian debt will mature in the next two years. This is a Damocles sword, and it is not going away any time soon.

Korea Deserves to Be Taken (More) Seriously

| Posted 03.27.2012 | Business

There is no need to idealize Korea. But it is hard not to admire the resolution of a country surrounded by big brothers and an enemy. It is a country of talents.