Agora
Posts in Greece
Greece and its lenders: Where do you start?
Since it was first recorded in 1944 by American public administrator David Lilienthal, the following anecdote has been told many times and in many ways: A traveller asks a local man for directions and, after much thought, the latter turns to the visitor and says: “My friend, I tell you; if I were you, I wouldn’t start from here.” As Greece and the eurozone remain some distance apart on how to conclude their bailout negotiations, it seems a good time to return to this tale.
Contributor: Nick Malkoutzis
Categories: Europe (281), Politics (385), Economy (328), Greece (495)
What in the world will we do without barbarians?
Just as the five-year anniversary of Greece’s first EU/IMF programme approaches - and despite marked procrastination in a number of other fronts - Greece’s coalition set up a parliamentary committee to investigate the country’s bankruptcy and the signing of its two memorandums with the troika.
Contributor: Yiannis Mouzakis
Categories: Politics (385), Economy (328), Greece (495)
Sowing the seeds of anomie in Greece
In his opening speech to Labour MPs after the party’s historic election win in May 1997, Tony Blair implored the party’s lawmakers to be “whiter than white, purer than pure”. Unfortunately, it didn’t quite work out that way.
Contributor: Nick Malkoutzis
Categories: Politics (385), Society (140), Greece (495)
Why Greece is asking for 1.2 bln back from the EFSF
Following the Eurogroup decision on February 20, Greece returned 10.9 billion (European Financial Stability Fund) EFSF bonds at the end of the previous month. That transaction reduced accordingly the country’s debt and the debt to GDP ratio by more than 6 percentage points.
Contributor: Manos Giakoumis
Categories: Europe (281), Economy (328), Greece (495)
What will be on the agenda for talks between Merkel and Tsipras?
This Monday, the Greek Prime Minister Alexis Tsipras will fly to Berlin to meet the German Chancellor Angela Merkel. Some observers have characterised this face-to-face meeting as Tsipras taking the risk of walking straight into the lion’s den.
Contributor: Jens Bastian
Categories: Europe (281), Politics (385), Greece (495)