Barry Eichengreen

The current inflation-targeting regime should be suitably updated, but it should remain the framework for India's monetary policy for the foreseeable future

Debt is projected to increase by the largest amount in the same states that are currently the most heavily indebted

Greece and the EU should contractually link changes in the terms of the country's EU loans to milestones in structural reform. There is precedent for this kind of arrrangement - with Poland in 1991