Commentary
Uri Dadush
{
"authors": [
"Uri Dadush"
],
"type": "legacyinthemedia",
"centerAffiliationAll": "",
"centers": [
"Carnegie Endowment for International Peace"
],
"collections": [],
"englishNewsletterAll": "",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Carnegie Endowment for International Peace",
"programAffiliation": "",
"programs": [],
"projects": [],
"regions": [
"Western Europe",
"United Kingdom",
"France",
"Germany",
"North America"
],
"topics": [
"Economy"
]
}
Source: Getty
In The Media
Greece's Worsening Debt Crisis
The recent spike in Greek bond yields indicates that markets have not been reassured by European leaders' pledges to support Greece. Unless more decisive, detailed plans are announced, the Greek crisis will continue to get worse.
By Uri Dadush
Published on Apr 8, 2010
Source: Bloomberg News
Uri Dadush explains that unless Greece receives the aid that it needs from other European countries and the IMF, a Greek default is unavoidable. The support package announced recently has done little to reassure markets because it lacks specific details and many questions remain. Dadush lists some of the pressing questions: “What is the size of the package? What are the conditions associated with the package? What is the specific role of the IMF? What kind of monetary and fiscal policies will other parts of Europe have to follow?” In order to prevent Greek default and the crisis from spreading to other vulnerable European countries, Dadush concludes, more decisive action is needed.
About the Author
Uri Dadush
Former Senior Associate, International Economics Program
Dadush was a senior associate at the Carnegie Endowment for International Peace. He focuses on trends in the global economy and is currently tracking developments in the eurozone crisis.
- The Labors of Tsipras
- Greece, Complacency, and the EuroIn The Media
Uri Dadush
Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
More Work from Carnegie Europe
- On NATO, Trump Should Embrace France Instead of Bashing ItCommentary
Donald Trump’s repudiation of NATO goes against the Make America Great Again vision of a U.S.-centered foreign policy. If the goal is to preserve the alliance by boosting Europe’s commitments, leaning into France’s vision is the most America First way forward.
Rym Momtaz
- Rewiring the South Caucasus: TRIPP and the New Geopolitics of ConnectivityArticle
The U.S.-sponsored TRIPP deal is driving the Armenia-Azerbaijan peace process forward. But foreign and domestic hurdles remain before connectivity and economic interdependence can open up the South Caucasus.
Thomas de Waal, Areg Kochinyan, Zaur Shiriyev
- Is France Shifting Rightward?Commentary
The far right failed to win big in France’s municipal elections. But that’s not good news for the country’s left wing, which remained disunited while the broader right consolidated its momentum ahead of the 2027 presidential race.
Catherine Fieschi
- Time to Merge the Commission and EEASCommentary
The EU is structurally incapable of reacting to today’s foreign policy crises. The union must fold the EEAS into the European Commission and create a security council better prepared to take action on the global stage.
Stefan Lehne
- Is the Radical-Right Threat Existential or Overstated?Commentary
Amid increased polarization and the influence of disinformation, radical-right parties are once again gaining traction across Europe. With landmark elections on the horizon in several countries, are the EU’s geostrategic vision and fundamental values under existential threat?
Catherine Fieschi, Cas Mudde
