Agora

In ancient Athens, the agora was the central location where citizens gathered to hear news, discuss and, later, trade. The agora was the heart of the city’s political, cultural and spiritual life and it gave birth to the Greek word for speaking in public: ἀγορεύω (agorevo). It is this spirit we hope to channel in this section of the website.

Here, the Agora is a public forum for discussing events that are unfolding in Greece and beyond. Contributors to Macropolis, as well as guest posters, share their views on political, economic and other matters, while also offering readers the opportunity to express their opinions. As always, those who fail to respect the sanctity of this forum will not be allowed to share in its benefits.

Posts in Economy

Results 246 to 250 out of 252.

We need to talk about unemployment

At the Organization of Economic Cooperation and Development (OECD) Council of Ministers in Paris on Wednesday, Greek Finance Minister Yannis Stournaras challenged the institution’s forecast that Greece will remain in recession next year, which would mean a seventh straight year of contraction. Stournaras thinks the OECD will be proved wrong. There isn’t a Greek in the world who doesn’t hope he will be proved right.

Contributors: Nick Malkoutzis, Yiannis Mouzakis

0 Comment(s)

Categories: Economy (252), Greece (378)

Honey, I shrunk the Greeks

The IMF without any hesitation admits that the main beneficiary of that May 2010 so called Greek bailout was not Greece itself but the eurozone as it gave the opportunity to French and German banks to get paid in full and unload their large exposure to Greek debt from their books on the official sector and European taxpayers.

Contributor: Yiannis Mouzakis

0 Comment(s)

Categories: Europe (198), Economy (252), Greece (378)

Cyprus “success” preludes something bigger in European banking

At first, it looked anything but successful. Both Brussels and Nicosia seemed hopeless, had shot themselves in their feet, steamrollered over taboos, destabilised capital flows - created a mega blunder. Yet the Cyprus Gaffe (or Cyprus Rehearsal, or Cyprus Scare) is successful in having produced one sure effect: To make you sweat and scale down your accounts to less than 100K, then run to find the most secure refuge possible for your (depreciating) savings.

Contributor: Ilias Siakantaris

0 Comment(s)

Categories: Europe (198), Economy (252)

An issue of statistical significance in Greece

The head of Greece’s statistics agency, Andreas Georgiou, is to face a criminal inquiry. An ex-employee of the Hellenic Statistical Authority (ELSTAT), Zoe Georganta, has accused him of colluding with the European Union’s statistical arm, Eurostat, to inflate Greece’s deficit figure for 2009, thereby justifying Greece’s EU-IMF bailout, signed in May 2010, and its drastic austerity measures. Georgiou vehemently denies the charges.

Contributors: Nick Malkoutzis, Yiannis Mouzakis

0 Comment(s)

Categories: Economy (252), Greece (378)

Results 246 to 250 out of 252.