Go to Top

Library

How Greeks have adjusted to the forever crisis

Kuper, Simon, (2017), “How Greeks have adjusted to the forever crisis”, Financial Times, 6 July One recent balmy evening, a Greek friend took me around Athens on the back of his motorbike. We whizzed through traffic that has thinned during Greece’s eight-years-and-counting Great Depression. Here was the rare European city centre without gentrification: the local lower-middle-class has made way not for hipsters but for migrants from Syria and Pakistan. They …Read More

Greece’s sovereign debt and economic realism

Bulow, Jeremy, Geanakoplos, John, (2017), “Greece’s sovereign debt and economic realism”, VoxEU, 30 June After another six months of discussions, Greek debt negotiations succeeded in once again kicking the can down the road. This column analyses how sophisticated and experienced negotiators like the IMF, the Eurozone leadership, and by now even the Greeks, could have let negotiations drag out for so many years, and goes on to propose a plan …Read More

IMF’s Approval-In-Principle And Greece’s Third Program: An In-Depth Look

Kyriakidis, Alexandros, (2017),  “IMF’s Approval-In-Principle And Greece’s Third Program: An In-Depth Look”, Social Europe, 3 July The Greek case of the Eurozone crisis from 2010 onwards has, by now, turned into a multi-series drama. Another instalment came in the June 2017 Eurogroup discussions on the second review of the third Greek financial assistance program (FAP). The review has limped on for more than a year since the conclusion of the …Read More

The IMF’s New Role in Greece Proves Its Value for Europe and the United States

Gelpern, Anna, (2017), “The IMF’s New Role in Greece Proves Its Value for Europe and the United States”, Peterson Institute for International Economics, 27 June Greece’s economic problems are far from solved, but the International Monetary Fund (IMF) deserves part of the credit for the glimmers of progress on official debt relief in the Eurogroup announcement on June 15(link is external). The IMF is expected to issue its “approval in …Read More

A quantitative assessment of the agreement on Greece reached at the Eurogroup of 15 June 2017

Monokroussos, Platon, (2017), “A quantitative assessment of the agreement on Greece reached at the Eurogroup of 15 June 2017”, Eurobank, June We stress that most of the analysis presented in this document utilizes a number of simplifying, yet necessary assumptions made by the Author to account for some crucial information pieces that are missing from the published official documents. This effectively implies that the estimates and projections provided herein may …Read More

The Eurogroup on Greece: Debt Relief with a Fiscal Straitjacket

Zettelmeyer, Jeromin, (2017), “The Eurogroup on Greece: Debt Relief with a Fiscal Straitjacket”, Peterson Institute for International Economics, 20 June Greece’s latest deal with the Eurogroup—the group of eurozone finance ministers—is bigger news than you might think from the press reactions so far. As expected, Greece got its next disbursement of funds to avoid default, the International Monetary Fund (IMF) gave a symbolic stamp of approval, no actual debt relief …Read More

Exporting and performance: evidence from Greek firms

Gibson,  Heather D., Pavlou, Georgia, (2017), “Exporting and performance: evidence from Greek firms”, Bank of Greece, June This paper explores differences in performance between firms that export and those that do not. With only a few exceptions, exporters have characteristic which suggest “better” performance than non-exporters, controlling for observed and unobserved heterogeneity. This paper aims to provide evidence on the differences between exporters and non-exporters in terms of labour productivity and …Read More

Europe’s Unserious Plan for Greece

Bloomberg View, (2017), “Europe’s Unserious Plan for Greece”, 21 June The deal struck last week between Greece and its euro-zone creditors is business as usual — and that’s not a good thing. This protracted game of “extend and pretend” serves nobody’s long-term interests: not those of the Greek government, the International Monetary Fund or, most of all, the people of Greece. Relevant Posts Gros, Daniel, (2017), «Debt forgiveness is not …Read More

Is Greece’s labour market bouncing back?

Darvas, Zsolt, (2017), “Is Greece’s labour market bouncing back?”, Bruegel, 14 June After rapid increases in unemployment and large wage reductions, Greece’s labour market is showing signs of recovery. Certain sectors of the economy are showing strong employment growth, which could hint at a broader economic recovery. Relevant Posts Eurostat/Unemployment rates in the EU regions ranged from 2.1% to 31.3%/27 April 2017 Monokroussos , Platon, (2017), «Greece: 2017 Economic Outlook», …Read More

The effect of card payments on vat revenue in Greece

Hondroyiannis, George, Papaoikonomou, Dimitrios, (2017), “The effect of card payments on vat revenue in Greece”, Bank of Greece Working Paper 225, May The effect of card payments on VAT revenue performance in Greece is investigated using quarterly observations on card transactions during 2002q1-2016q2. Timevarying-coefficient methods are employed, in order to study the role of increasing card payments after the imposition of cash restrictions in July 2015. We find that (i) …Read More

Page 2 of 5412345...102030...»»»