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Philippe Waechter's blog

DIRECTOR OF ECONOMIC RESEARCH, OSTRUM AM

A dynamic and cyclical approach to the global economy

  • 236 views

The shock on Greek activity has been brutal and violent in July

  • 3 August 2015

    Philippe Waechter

    The Greek crisis, with its uncertainties related to the place of Greece within Europe and with the constraints associated to the banking sector shutdown since the beginning of July, has…

    READ
    • Business Cycle
    • Greece
    • Grexit
    • Growth
    • PMI Surveys
    • 241 views

    Fragile political equilibrium in the Eurozone 

    • 16 July 2015
    • Euro Area

    Philippe Waechter

    The political equilibrium in the Eurozone is still fragile regarding the deal with Greece.  Interesting paper on this issue  http://www.politico.eu/article/parliamentary-hurdles-greek-deal-netherlands-germany-finland-greece-grexit/

    READ
    • Greece
    • Grexit
    • Parliament
    • 235 views

    After the Eurogroup, some questions remain

    • 13 July 2015

      Philippe Waechter

      After the deal at the Euro-Summit, there are still questions that puzzle me. The first is the question related to growth. At which moment in the future can we imagine…

      READ
      • Greece
      • Grexit
      • Growth
      • 272 views

      Temporary exit of Greece: it’s an illusion. 

      • 11 July 2015
      • Euro Area

      Philippe Waechter

      The notion of temporary exit from the Eurozone is a nonsense. It is just a way for Germany to push Greece out definitely.  Out of the Euro Area and willing…

      READ
      • Eurozone
      • Greece
      • Grexit
      • Temporary Exit
      • 268 views

      The Public Debt to GDP ratio in Greece

      • 10 July 2015

        Philippe Waechter

        The ratio of public debt to GDP is amazing when it is decomposed. GDP since 2009 was down by more than 20%. During this period the debt has not grown…

        READ
        • Greece
        • Grexit
        • Troïka
        • 234 views

        Greek proposals: Ingredients for a deal?

        • 10 July 2015

          Philippe Waechter

          The document in pdf format is MarketFlash_10_07_2015EN The program, which has been presented by Alexis Tsipras to the troika, reflects the will to catch an agreement as soon as next…

          READ
          • Euro Area
          • Greece
          • Grexit
          • Troïka
          • 192 views

          Remarks by President Donald Tusk after the Euro Summit of 7 July 2015 on Greece

          • 8 July 2015
          • Euro Area

          Philippe Waechter

          The official press release can be found here I will read out what was agreed by leaders at tonight’s Euro Summit: 1. We met tonight to discuss the serious situation…

          READ
          • Greece
          • Greferendum
          • Grexit
          • 215 views

          Greece, Negotiations and the ECB

          • 7 July 2015
          • Euro Area

          Philippe Waechter

          The document in pdf Version is Oxi-En-July6 The “no” has won at the Greek referendum on July the 5th. The Prime Minister, Alexis Tsipras, who went to a clash with…

          READ
          • ECB
          • Greece
          • Greferendum
          • Grexit
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