Charles Wyplosz
Charles Wyplosz's Latest Articles | 15
Can the Eurozone’s Stability and Growth Pact be Made to Work?
This column argues that the European Commission’s reform proposals for the pact include some good ideas but many bad ones. If adopted, it says the pact will not... Read »
The Debt Crisis is Unlikely to Go Away
Markets liked the European Stabilisation Mechanism but a closer look shows that the money is announced but not available. When markets realise this, they may do... Read »
And Now? A Dark Scenario
Eurozone members, the IMF, and the ECB have announced significant commitments to assist debt-laden Greece. This column outlines a dark scenario in which the plan... Read »
Europe’s Macro Mess
As the debate over a European Monetary Fund continues, this column argues that Germany’s enthusiasm for the new fund lies in its desire to impose fiscal discipline... Read »
How to Destroy the Eurozone: Feldstein’s Euro-Holiday Idea
Martin Feldstein suggested last week that Greece take a “holiday” from the Eurozone, rejoining with a depreciated nominal exchange rate. This column argues that... Read »
Greece: The Party is Over
Greece’s public debt is in turmoil. This column says that the country is nowhere near defaulting, but the Greek government should heed the financial markets’... Read »







