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Mar 19, 2024
"Market pressure was growing by the day" with Charles Dallara
Charles Dallara, managing director of the Institute of International Finance from 1993–2013, looks back on the world's biggest debt restructuring
Summary
Charles Dallara, managing director of the Institute of International Finance from 1993–2013, talks about his crisis memoir: Euroshock: How the Largest Debt Restructuring in History Helped Save Greece and Preserve the Eurozone (Rodin Books, 2024). Dallara, who co-led a small team who negotiated a €100-billion write-off of Greek debt in 2011-12, discusses how it felt to be an American "interloper", crippling European indecision, and performative politicians.
Produced by Emin Fikić at davidstudio.
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit twentyfourtwo.substack.com
Your Host
Tim Jones
Tim Gwynn Jones is an economic and political-risk analyst at Medley Advisors .
