DIW

A “haircut” to Greece’s debt is unavoidable because it is not sustainable, Dr. Marcel Fratzscher, the President of the German Institute for Economic Research (DIW) and unofficial advisor to Chancellor Angela Markel said in comments in newspapers of the Funke...

Even as Greece's government proclaims an economic recovery will begin this year, the world's biggest bond fund manager PIMCO said it doesn't see any chance the country will be able to return to the markets this year, dashing some...

While Greek Prime Minister Antonis Samaras said austerity has helped put the country on the road to possible recovery and a return to the markets next year, the German Institute for Economic Research (DIW) said Greece's debt is unsustainable...

According to Deutsche Welle’s internet page, Marcel Fratzscher, president of the Berlin based economic research institute DIW, considers a new restructuring of the Greek debt to be only a matter of time. As stated by the same source, in his...