Debt conference backed by academic group

A cohort of the country’s leading academics has called on the Government to publicly back a European debt conference and offer to host the event, in a show of solidarity with Greece.

The open letter calling for a debt conference along the lines of that sought by Greece’s new left-wing government, is co-signed by Trinity College finance professor Brian Lucey and adjunct professor, Constantin Gurdgiev as well as more than 30 others.

A reduction of European sovereign debt burdens to economically objective and socially sustainable levels should be the sole goal of any such conference, the group claims.