Konstandaras, N. (2014) “Greece’s Economic and Political Traps“, The New York Times Opinion Pages, 26 Οκτωβρίου. Five years into the Greek crisis, it is becoming increasingly difficult to hope that it will end anytime soon. Perhaps we expected too much: that the largest international bailout in history would help set the economy back on its feet within a couple of years; that we could put the problems that had …Read More
“Greece’s shadow economy: The treasures of darkness“, The Economist, 10 Οκτωβρίου. Getting Greeks to pay more tax is not just hard, but risky TWO out of three Greek workers either understate their earnings or fail to disclose them to the taxman altogether, according to Stephen Hall, an adviser to the Bank of Greece. Last year an estimated 24% of all economic activity in Greece went undeclared to evade tax …Read More
Chrepa, E. & Chrysoloras, N. (2014) “Private Bad Debt Buildup Casts Shadow on Greek Rebound“, Bloomberg News, 29 Σεπτεμβρίου. To Aristides Belles, it’s clear what’s blocking Greece’s recovery: a quiet build-up of about 164 billion euros ($208 billion) in bad loans. “The inability of Greek companies to repay their loans to banks and their dues to the state is clearly holding back Greece’s return to growth,” said the chief …Read More
Τσέλλου, Σ., Καζάκος, Π., Ρηγίνος, Μ. & Λιαργκόβας, Π. (2014) “Πολιτικές Ελάχιστου Εισοδήματος στην Ευρωπαϊκή Ένωση και στην Ελλάδα: μία Συγκριτική Ανάλυση“, Γραφείο Προϋπολογισμού του Κράτους, Ενδιάμεση Έκθεση για τα μέλη των αρμόδιων Κοινοβουλευτικών Επιτροπών της Βουλής των Ελλήνων, Σεπτέμβριος. Η Ελλάδα βιώνει, εδώ και έξι χρόνια, μια βαθύτατη οικονομική κρίση που έχει σε σημαντικό βαθμό αποδιαρθρώσει τον κοινωνικό ιστό της χώρας. Αντίθετα όμως με άλλες Ευρωπαϊκές χώρες οι …Read More
Dedieu, J. P. (2014) “Greece, a front line for state-sponsored racism in Europe“, AlJazeera America, 29 Σεπτεμβρίου. Once the cradle of European civilization, Athens is now the center of a continental decivilizing process On Aug. 2, a group of unidentified men savagely attacked a Pakistani immigrant in Athens, leaving him hospitalized with a broken jaw and multiple bruises. Five days later, Ashkan Najafi, a native of Iran, was severely …Read More
Connell, W. (2014) Economic Impact of Late Payments, European Commission – European Economy, Economic Papers 531|Σεπτέμβριος 2014. Delays in payments in Business to Business (B2B) and Government to Business (G2B) transactions generally have an adverse effect on the cash-flow of firm and can cause firms, particularly small ones, to seek extensions of their overdraft facilities and increase their borrowing. Late payment of commercial debt can play a significant role …Read More
European Commission (2014) “Market Reforms at Work in Italy, Spain, Portugal and Greece“, European Economy 5|2014, Economic and Financial Affairs, Σεπτέμβριος. As part of the response to the crisis, a significant number of market reforms were introduced to boost economic activity and competitiveness. The intense reform effort appears to be showing early signs of effectiveness in some of Europe’s most vulnerable countries. Insufficient reform efforts in the years before …Read More
Zartaloudis, S. (2014) “The financial crisis has badly damaged the Greek and Portuguese welfare states“, LSE EUROPP, 23 Σεπτεμβρίου. Several European states have pursued austerity policies in the aftermath of the financial crisis, but how have these policies affected welfare states? Sotirios Zartaloudis writes on the impact of the crisis in Greece and Portugal. He argues that both countries have had to pursue unprecedented spending cuts, tax rises and …Read More
Chatzistavrou, F. & Michalaki, S. (2014) “Reshaping politics of the left and centre in Greece after the 2014 EP election“, Politics and Institutions, EPIN Commentaries, 10 Σεπτεμβρίου. The political landscape in Greece is confused and volatile at the moment; the right and extreme- right-wing parties are accorded a disproportionately large place in political debate, while the radical left-wing SYRIZA party is attempting to maintain a ‘leftist’ profile and demonstrate …Read More
Joyce, P. J. (2014) “The IMF and Sovereign Debt“, Economonitor–A Roubini Global Economics Project, 09 Σεπτεμβρίου. The continuing inability of the Eurozone economies to break out of their current impasse means that any optimistic projections of declining debt to GDP ratios are unlikely to be achieved. As long as European governments continue to raise funds in the financial markets on favorable terms, the current situation remains sustainable. But the …Read More
