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I was not a fan of Tsipras selling tactical retreat as a great victory but has he actually managed to talk up a slight recovery? On the face of it the humanitarian measures announced don't sound nearly enough to push up consumer confidence. Still, if the situation is not deteriorating than plan B can probably wait a bit. They'll only get one shot at it.
by generic on Sat Mar 14th, 2015 at 10:03:49 PM EST
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In much the same way that a bubble will violently deflate once it stops inflating, an economy that has been operating under a tightening sanctions regime for five years will rebound once the sanctions stop getting worse.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Mar 15th, 2015 at 01:48:46 AM EST
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