Agora
Posts on February 2015
The alternative of (tax-based) capital controls for Greece
At first glance, the potentially catastrophic consequences of Grexit on the rest of the Eurozone provide the Greek government with an important bargaining chip. However, the Greek government should take into consideration that Grexit is not the only possible alternative in case an agreement with the rest of the EZ cannot be reached soon.
Contributor: Marios Zachariadis
Categories: Economy (328), Greece (495)
Another euro stitch unpicked
If there was any doubt that the negotiations between the new Greek government and its lenders are going to be incredibly tense, there isn’t now. The European Central Bank’s decision on Wednesday night to stop accepting Greek government bonds as collateral from local lenders has minimal practical impact in the short-term but maximum effect in symbolic terms.
Contributor: Nick Malkoutzis
Categories: Europe (281), Politics (385), Economy (328), Greece (495)
Less is more: The Greek government needs a chisel, not a sledgehammer
The parliamentary majority achieved by the SYRIZA-led coalition government following the 25 January elections constitutes a strong political mandate in mathematical terms. Among one of the many immediate challenges facing the new administration is trying to translate its numerical advantage into a majority of support among Greek citizens, including those who did not vote for the senior coalition party.
Contributor: Jens Bastian
Categories: Politics (385), Greece (495)