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Folder on the negotiations of Greece in the Eurogroup

18 February, 2015
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The Ministry of Finance of Greece was published a folder that includes the presentations of the Greek Finance Minister, Y. Varoufakis, before his counterparts during the Eurogroup meetings of the 11th and 16th of February 2015. The folder includes the documentation non papers provided by the negotiating team, as well as the draft proposals for Greece by the Head of the Eurogroup, J. Dijsselbloem, and the European Commissioner for Economic …Read More

Library » EU » Greece » Politics » Policy Papers

Greece, Its International Creditors and the Euro

17 February, 2015
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Sabri Öncü, T. (2015) “Greece, Its International Creditors and the Euro“, Naked Capitalism Blog, 17 February.   Yves here. This is an excellent background piece on how Greece got where it is and how its various bailouts were structured. It also helps explain the past and current roles the various members of the Troika play and discusses the prospects for Greece achieving its aims. By T ([email protected]), a financial economist …Read More

Library » EU » Greece » Economy » Politics » Policy Papers

The radicalisation of lower middle class Greek families was the key to Syriza’s victory

13 February, 2015
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Leonitsis, V. (2015) “The radicalisation of lower middle class Greek families was the key to Syriza’s victory, LSE EUROPP, 13 February.   A number of commentators have written on the extent to which Syriza managed to attract the backing of a wide section of Greek society in its election victory on 25 January. Vasilis Leontitsis writes that one of the key dynamics in the election was the support Syriza received …Read More

Library » Greece » Politics » Opinion Articles

Exclusion from Healthcare Services and the Emergence of New Stakeholders and Vulnerable Groups in Times of Economic Crisis: A Civil Society’s Perspective in Greece

12 February, 2015
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Zafiropoulou, Μ. (2015) “Exclusion from Healthcare Services and the Emergence of New Stakeholders and Vulnerable Groups in Times of Economic Crisis: A Civil Society’s Perspective in Greece“, Social Change Review, Winter 2014, Vol. 12(2): 25-42, 12 February.   The exclusion from access to basic health services, medical examinations, hospital and pharmaceutical care has affected a large number of Greek citizens during the economic crisis. The first aim of this paper …Read More

Library » Greece » Society » Scientific Articles

The maths behind an amended Greek plan – additional ESM financing would allow the Greek primary surplus to be lowered to 3% of GDP

11 February, 2015
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Darvas, Z. (2015) “The maths behind an amended Greek plan – additional ESM financing would allow the Greek primary surplus to be lowered to 3% of GDP“, Bruegel Institute, 11 February.   Last week I published my assessment of Greek Finance Minister Yanis Varoufakis’ draft plan, and promised to do some calculations to illustrate its impacts. Mr Varoufakis abandoned the earlier haircut demand of Syriza that I welcomed as a …Read More

Library » Greece » Economy » Policy Papers

Greece – a Varoufakis Conversion

6 February, 2015
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Cook, C. (2015) “Greece – a Varoufakis Conversion“, Pieria Online, 06 February.   Greece’s new Syriza government has two major economic challenges to address: a Resolution of Greece’s unsustainable debt burden followed by a Transition to a long term sustainable economy. Conventional resolution of sovereign debt is a debt for debt swap: replacing existing debt with new debt which requires a smaller percentage of Greece’s national income and resources to …Read More

Library » Greece » Economy » Scientific Articles

Greece: ECB Kicks Syriza in the Face; Syriza Turns the Other Cheek

6 February, 2015
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Weisbrot, M. (2015) “Greece: ECB Kicks Syriza in the Face; Syriza Turns the Other Cheek“, The Huffington Post, 05 February.   On Wednesday the European Central Bank (ECB) announced that it would no longer accept Greek government bonds and government-guaranteed debt as collateral. Although Greece would still be eligible for other, emergency lending from the Central Bank, the immediate effect of the announcement was to raise Greek borrowing costs and …Read More

Library » EU » Greece » Politics » Opinion Articles

Je suis Dijsselbloem ou Varoufakis?

6 February, 2015
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Χατζησταύρου, Φ. (2015) “Je suis Dijsselbloem ou Varoufakis?“, Protagon Website, 04 February.   Η πρώτη συνάντηση Βαρουφάκη-Ντάισελμπλουμ φέρνει στη δημόσια συζήτηση ένα θέμα που μέχρι τώρα ήταν αντικείμενο ανάλυσης κυρίως των ενασχολούντων με τη θεσμική λειτουργία της ΕΕ στα οικονομικά θέματα. Ευκαιρία, λοιπόν, να δούμε ποιο είναι το πρόβλημα, γιατί υπάρχει πρόβλημα, και ποιες οι συνέπειές του μέχρι σήμερα. Από το 2010 και μετά οι ευρωπαϊκές κυβερνήσεις ομόφωνα προχώρησαν στην …Read More

Library » EU » Greece » Politics » Opinion Articles

A Greek Way Out?

6 February, 2015
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Gros, D. (2015) “A Greek Way Out?“, Economic Policy: Commentaries, Centre for European Policy Studies, 05 February.   In his analysis of the basic compromise that is emerging between the new left-wing government of Greece and its European partners, Daniel Gros emphasises that the key element will be how the real problem, namely liquidity, is dealt with.   Relevant posts: Stockman, D. (2015) “History In the Balance: Why Greece Must …Read More

Library » Greece » Politics » Policy Papers

A Greek Morality Tale

4 February, 2015
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Stiglitz, J. (2015) “A Greek Morality Tale“, Social Europe Journal, 04 February.   When the euro crisis began a half-decade ago, Keynesian economists predicted that the austerity that was being imposed on Greece and the other crisis countries would fail. It would stifle growth and increase unemployment – and even fail to decrease the debt-to-GDP ratio. Others – in the European Commission, the European Central Bank, and a few universities …Read More

Library » Greece » Economy » Politics » Opinion Articles