Odendahl, Christian, (2015), “Lighten the load”, Centre for European Reform, 26 Αυγούστου The IMF says that Greece’s debt burden is unsustainable. That is why the IMF will not contribute to the third assistance package (recently agreed by Europe and Greece) unless Greek debt is reduced. The problem is that an outright cut in the value of the debt – a haircut – is politically unacceptable, especially to Germany. The other option …Read More
Ο μύθος του παραφουσκωμένου ελληνικού κράτους
Boucoyannis, Deborah, (2015), “Ο μύθος του παραφουσκωμένου ελληνικού κράτους”, Foreign Affairs-The Hellenic Edition, 10 Αυγούστου Από την Αθήνα μέχρι το Βερολίνο και την Ουάσιγκτον, υπάρχει ένα πράγμα για την Ελλάδα για το οποίο πολλοί φαίνεται να συμφωνούν: Το κύριο πρόβλημα της χώρας είναι ένα φουσκωμένο, ακριβοπληρωμένο και διεφθαρμένο κράτος, το οποίο πνίγει τον ιδιωτικό τομέα. Σχετικές Αναρτήσεις Παναγιωταρέα Ελένη, Αλληλεγγύη, εμείς και οι άλλοι, Εφημερίδα Καθημερινή, 17 Μαρτίου 2015. Thomsen, P., …Read More
George Tzogopoulos: Assessing the Image of Germany in the Greek Media Visual analysis of Greek Media Reports on the Role of Germany in the Greek Crisis
This study attempts to analyse the representation of Germany in the Greek press during the ongoing economic crisis covering the period 2010-2013. In so doing, it starts with a discussion on the main theoretical aspects explaining the relationship between media and politics in the relevant literature of political communication. It then concentrates on the issue of the European public sphere which is concerned with potential ‘European frames’ in the portrayal of Germany in the Greek …Read More
Greece’s poor growth prospects
Barslund, Mikkel, Barnebeck Andersen, Thomas, (2015), “Greece’s poor growth prospects”, Ceps publications, 21 Αυγούστου Four years ago – almost to the day – when the question of Greece’s debt sustainability was the subject of intense debate, we argued that Greece would face strong headwinds in its effort to ‘grow solvent’ (Gros, Barnebeck & Barslund, 2011). With the third rescue package dealing with the immediate liquidity issues in the works, and concerns being voiced by the IMF …Read More
The third Greek bailout and the challenge to national democracy (in Athens and beyond)
Scarpetta, Vincenzo, (2015), “The third Greek bailout and the challenge to national democracy (in Athens and beyond)”, Open Europe blog, 21 Αυγούστου The third Greek bailout is officially under way. The ESM, the Eurozone’s bailout fund, has this morning disbursed €13 billion from the first tranche of the new loan. But let’s take a step back and look at what happened in some of the countries where national parliaments held a …Read More
The Greek crisis is merely a symptom of the EU’s inability to deal with recessions
Gangopadhyay, Partha, (2015), “The Greek crisis is merely a symptom of the EU’s inability to deal with recessions”, Lse blog, 24 Αυγούστου Fresh elections will be held in Greece following the resignation of Alexis Tsipras as the country’s Prime Minister. Partha Gangopadhyay writes that while this latest twist in Greek domestic politics has raised more uncertainty about Greece’s ability to meet the conditions of its bailout agreement, there is a …Read More
Back from the brink: Policy reform and debt relief in Greece
Cline, William, (2015), “Back from the brink: Policy reform and debt relief in Greece”, Voxeu, 24 Αυγούστου Economists continue to debate whether – and to what extent – Greek debts should be relieved. This column takes through the details of Greek debt, what relief options are open to Greece, and what the likely consequences of relief might be for all parties. Yet again, there are no easy choices – but that …Read More
Why Greece Can’t Fulfill Bailout’s Terms
Bershidsky, Leonid, (2015), “Why Greece Can’t Fulfill Bailout’s Terms”, Bloomberg View, 18 Αυγούστου The debate about the third Greek bailout centers on its political divisiveness and the sustainability of the country’s debt. More important, however, may be the country’s ability to stay any kind of rational economic course, implement reforms and collect taxes. Judging by recent government revenue statistics, the chances of achieving those goals remain remote. Σχετικές Αναρτήσεις Ruparel, Raoul, (2015), …Read More
Third Greek Bailout likely to overcome national hurdles
Ruparel, Raoul, (2015), “Third Greek Bailout likely to overcome national hurdles”, Open Europe blog, 18 Αυγούστου When it comes to issues around the bailouts we often hear the term “national procedures” but it’s not always entirely clear who or what this involves. It refers to the approval of member states of what is agreed at the Eurogroup with regards to the bailouts, however, different countries have different procedures. The large …Read More
How the IMF Failed Greece
Subramanian, Arvind, (2015), “How the IMF Failed Greece”, Project Syndicate, 13 Αυγούστου Democracy is about real choices. But, throughout their country’s crisis, the Greek people have been deprived of them. For this, the Europe Union and especially the International Monetary Fund bear considerable responsibility. Greece was offered two stark choices: Leave the eurozone without financing, or remain and receive support at the price of further austerity. But Greece should have been …Read More