Agora
Posts in Economy
Waiting for Godot in Greece
According to its Wikipedia article, Waiting for Godot by Irish writer Samuel Beckett is an absurdist play, in which two characters, Vladimir and Estragon, wait endlessly and in vain for the arrival of someone named Godot. The current situation in Athens has remarkable similarities with this classic piece of European literature.
Contributor: Jens Bastian
Categories: Europe (282), Politics (387), Economy (331), Greece (498)
Is there (sustainable) growth in Greece?
Greece finally exited its six-year long recession in the third quarter of 2014. The Hellenic Statistical Authority ELSTAT said that the economy grew by 0.7 percent in the third quarter (compared to the same quarter in 2013). The positive third quarter reading is the first after 24 consecutive quarters of negative GDP performance dating back to Q3 2008.
Contributor: Jens Bastian
Categories: Economy (331), Greece (498)
The politics of debt dynamics in Greece
As a procession of government and opposition representatives met Greek President Karolos Papoulias in the course of last week, one issue was brought to public attention that could be termed the taboo topic amid all the memorandum exit debates.
Contributor: Jens Bastian
Categories: Economy (331), Greece (498)
The arduous road of privatisation in Greece
This week two developments at the Hellenic Republic Asset Development Fund (HRADF) made headline news. First, the Greek privatisation agency confirmed its medium-term revenue targets. The HRADF’s chief executive officer, Paschalis Bouchoris, in charge since August of this year, argued that TAIPED (as it is known by its Greek acronym) can reach the revenue target of 9.6 billion euros by the end of 2016.
Contributor: Jens Bastian
Categories: Politics (387), Economy (331), Greece (498)
How Samaras backed himself and Greece into a corner over bailout exit
The line coming out of Prime Minister Antonis Samaras’s office at the end of May was that New Democracy did not lose the European Parliament elections despite receiving almost 4 percentage points less than SYRIZA. Together with PASOK, Samaras’s party had a bigger share of the vote than the opposition. The argument emanating from the government camp was that if the leftists couldn’t score a decisive victory at the tail end of the Greek depression, they would never achieve one.
Contributors: Nick Malkoutzis, Yiannis Mouzakis
Categories: Politics (387), Economy (331), Greece (498)