Raghav Sikka

33 Flips | 1 Magazine | 1 Follower | @RaghavSikka2015 | Keep up with Raghav Sikka on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Raghav Sikka”

A very short history of the crisis

To understand the politics of the euro, it is necessary to look at its causes<p>IN GERMAN EYES this crisis is all about profligacy. Greece set the tone …

Greece Suffers Biggest Bank Run In History: January Deposits Plunge To 2005 Levels

One of the biggest question marks surrounding the Greek negotiation and ultimately, bailout extension, was just how panicked was the Greek population …

Greece leads eurozone's slide into deflation

Inflation slumps to -0.6pc across the monetary bloc as 17 out of 19 countries record negative price growth<p>Consumer prices in the eurozone recorded their biggest slide in the history of the monetary union, as nearly 90pc of the bloc <b>recorded negative prices in January</b>.<p>Inflation slumped to -0.6pc in …

Greece seeks negotiations on ECB bond repayment | Reuters

ATHENS (Reuters) - Greece called into question on Saturday a major debt repayment it must make to the European Central Bank this summer, after acknowledging it faces problems in meeting its obligations to international creditors.<p>A Greek national flag waves under rainfall during a rally of the Greek …

What would happen if Greece quits the euro?

http://vod-pro-ww-live.akamaized.net/mps_h264_hi/public/news/world/1160000/1160523_h264_1500k.mp4?__gda__=1529364219_a1f44ac3b58e0333f8194d4522e0724a<p><b>Neither the Greek government nor its eurozone partners want to see Greece leaving the eurozone - or a "Grexit" as it has become known. But if they</b> …

Europe

Humiliated Greece eyes Byzantine pivot as crisis deepens

Neither side holds the upper hand in the strategic game of chicken which could still see Greece forced out of the euro<p>Greece's new currency designs are ready. The green 50 drachma note features Cornelius Castoriadis, the Marxisant philosopher and sworn enemy of privatisation.<p>The Nobel poet Odysseus …

Greece seeks negotiations on ECB bond repayment

Finance Minister Yanis Varoufakis said Athens should negotiate with the ECB on 6.7 billion euros ($7.5 billion) in Greek government bonds held by the Frankfurt-based bank that mature in July and August.<p>Varoufakis did not say what he hoped to achieve in any talks, but he accused the ECB of making a …

Greek PM accuses Spain, Portugal of anti-Athens 'axis'

ATHENS (Reuters) - Greece’s leftist Prime Minister Alexis Tsipras accused Spain and Portugal on Saturday of leading a conservative conspiracy to topple his anti-austerity government, saying they feared their own radical forces before elections this year.<p>Greek Prime Minister Alexis Tsipras delivers …

Greek former finance minister on trial for breach of trust

The trial of a Greek former finance minister has started in Athens.<p>Giorgos Papakonstantinou is accused of tampering with a list of around 2000 Greeks with money stashed overseas, who are suspected of possible tax evasion.<p>Papakonstantinou was finance minister in 2010 when the so-called “Lagarde …

Europe

Greece’s Challenge: Appeasing Its Creditors and Its Population

Only more Greek drama will avoid the drachma<p>Greece and the rest of the eurozone spent February fighting about the procedure for keeping the country afloat. They will spend the spring haggling over a tougher issue: Which economic policies can appease both Greece’s creditors and its population?<p>This …

Europe

Greece debt: PM Alexis Tsipras rules out third bailout

<b>Greece will not need a third international debt bailout when its current programme ends in four months, the country's prime minister has said.</b><p>Alexis Tsipras vowed his government would "start working hard" to change the country, which is saddled with a debt 175% of its GDP.<p>Greece has already …

15 charts that explain the Greek crisis

Greek output per head fell by a quarter in the six years following the global financial crisis. It kept falling well after other European countries …

A Greek deal cannot fix the flaws in the euro

Watching the Greek crisis unfold, I found myself torn between two equal and opposite thoughts. First, the euro cannot survive. Second, everything …

Should Greece Leave the Eurozone? | Debate Club | US News

A debt deal negotiated to rescue Greece from default faces the threat of collapse, with those most responsible for agreeing to the pact's terms …

Greece Bailout Extension Approved by Germany

Germany's parliament overwhelmingly approved a four-month extension of Greece's bailout on Friday, despite unease over the new government in Athens.<p>Lawmakers voted 542-32 to back the bailout extension. There were 13 abstentions.<p>Earlier this week, Greece was granted the extension by its European …

Is Greek honeymoon over for Tsipras after EU bailout deal?

<b>The cold January wind swept through Omonia Square in Athens for Alexis Tsipras's penultimate pre-election rally, eased only by the sense of excitement in the crowd.</b><p>Half of Greek debt would be written off, he told supporters, promising to "finish with the orders from abroad".<p>To rapturous applause, …

Greek debt crisis: German MPs back bailout extension

http://vod-pro-ww-live.akamaized.net/mps_h264_hi/public/news/world/1148000/1148600_h264_1500k.mp4?__gda__=1524778895_44d8df0c2a03b4546c68134dcdc70271<p><b>The German parliament has voted to extend financial aid to Greece by another four months.</b><p>The extension - approved by creditors last week in exchange …

IMF’s Christine Lagarde shows tough love to Greece over bailout

When Christine Lagarde offered a sceptical view this week on the new Greek government’s reform plan, the International Monetary Fund chief …

Government bonds

European government-bond yields in the periphery fell this week, as Greece reached a deal with its international creditors over extending its …

Greek debt crisis: German MPs back bailout extension

http://vod-pro-ww-live.akamaized.net/mps_h264_hi/public/news/world/1148000/1148600_h264_1500k.mp4?__gda__=1529364219_ebb86cffc8ac0ecc3d0dbc369fcc41f1<p><b>The German parliament has voted to extend financial aid to Greece by another four months.</b><p>The extension - approved by creditors last week in exchange …

Europe

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What can I do?<p>If you’re a site visitor<p>Please use your browser's back button and check that you’re in the right place. if you need immediate …

It's been hard, but we've turned the Greek economy around

Greece is implementing one of the most challenging economic adjustment programmes of modern history. The substantial financial support that Greece receives from its European partners and the IMF is combined with the necessary fiscal and structural reforms that the country is implementing in order …

Raghav Sikka (@sikka_raghav) | Twitter

<b>Raghav Sikka</b> Retweeted<p>#<b>Seb5</b>'s message for you 'You are the best fans of the world. Even if this race has been hard, we're getting there' …