This site is for archive purposes. Please visit www.eliamep.gr for latest updates
Go to Top

Publications

This section contains original papers written exclusively for the Crisis Observatory. The Observatory hosted three different publication series: opinion articles, policy papers, and research papers. Access to the Crisis Observatory papers is free.

Education and wage inequalities in Greece: access to higher education and its effects on income

The educational system in Greece has always been at the center of public discourse, not only for the shortcomings of its design, but also for the quality of the education offered. In this context, during the last decades, the rise in wage inequalities had led the literature to investigate the existence of a possible causal relationship between the level of education and income inequality. The present paper by Pery Bazoti examines the …Read More

Structural Changes in Fiscal Policy under the Crisis: Institutional Framework and Economic Outcomes

The study investigates the fiscal reforms in the areas of Public Finances Management, meaning the management of the creation, approval, and execution of the government budget as well as the reforms in the pension system and the healthcare system since these two areas proved not only to be the primary source of fiscal destabilization for Greece due to their large deficits but also stand for almost 75% of the public expenses. …Read More

Structural Changes in Fiscal Policy under the Crisis: Institutional Framework and Economic Outcomes

The study investigates the fiscal reforms in the areas of Public Finances Management, meaning the management of the creation, approval, and execution of the government budget as well as the reforms in the pension system and the healthcare system since these two areas proved not only to be the primary source of fiscal destabilization for Greece due to their large deficits but also stand for almost 75% of the public expenses. …Read More

Policy Brief: The European Banking Union

The decade of the economic crisis has highlighted in the most apparent way the flaws and weaknesses in the original architecture of the Economic and Monetary Union as well as the need for decisive reforms. In this effort, the European Banking Union constitutes one of the most ambitious projects of the European Union with the intention of establishing a single system of banking supervision and resolution based on a common …Read More

Public Discussion- Consolidating public finances:Fiscal reforms in times of crisis

The fiscal woes of Greece before the crisis, the changes in the institutional framework during the Economic Adjustment Programmes and the extent to which budgetary reforms were successful, were the themes discussed at the Public Event held by the Hellenic Foundation for European and Foreign Policy (ELIAMEP) on December 11th 2019. The event was organized on the occasion of the publication of a study entitled: “Structural Changes in Fiscal Policy …Read More

Reforms in Public Administration under the crisis: Overview, Description, Evaluation

The weaknesses of public administration were considered an important factor in the outburst of the recent economic crisis in Greece. In this spirit, administrative reforms were an integral part of the economic adjustment programmes, with the aim and ambition to deal with long-lasting inefficiencies. Under the adverse circumstances of budgetary contraction, public administration served as both the tool and the object of an ambitious reform agenda, the results of which …Read More

Interview of D. Katsikas, Head of Crisis Observatory, in the Liberal.gr

Dimitris Katsikas, Head of the Crisis Observatory, was interviewed by George Findikakis for the site Liberal.gr on Greek growth prospects and the performance of the Greek labour market. Concerning the economic prospects of Greece, Dr. Katsikas referred to the positive development of solid growth rates of over 2% for the first three quarters of the year, noting however that grey areas still remain mainly regarding pending privatisations and incomplete reforms. …Read More

Head of Crisis Observatory, D. Katsikas, comments on the forthcoming snap elections, on the Austrian press.

D. Katsikas, Head of Crisis Observatory, spoke to the Austrian newspaper Der Standard about the forthcoming parliamentary snap elections of July 2019 in Greece. Dr. Katsikas mentioned among others: “When SYRIZA was formed in 2012, it promised to bring about policy change, a catharsis where the old practices would no longer occur.” He noted that voter turnout will be crucial but it is unclear to what extent it will be …Read More

D. Katsikas, Head of Crisis Observatory, comments the results of the European parliament elections 2019 in Greece, on the Italian press.

D. Katsikas, Head of Crisis Observatory, spoke to Stefano Carrer and the Italian newspaper Il Sole 24 ORE about the result of the European parliament elections 2019 in Greece. Dr. Katsikas noted: “The victory of New Democracy was not really a surprise, since it had been indicated for months by opinion polls, as was the difference between the parties. In the latter stages of the campaign Alexis Tsipras’ personal involvement, …Read More

The impact of the monetary policy of the ECB on credit provision of European economies through the mortgage credit channel

The monetary authority, which in the case of the European Economic and Monetary Union (EMU) is the European Central Bank (ECB), has among other things, the obligation to determine the monetary policy, aiming to influence basic parameters of the economy like the level of prices. In this paper the author tries to identify the impact of the monetary policy of the ECB on credit provision of European economies through the …Read More