Agora
Does the EU Commission suffer from optimism bias? (Part 1)
This blog post is based on Chapter 8 of a new book: “The Macroeconomy of the European Union,” by Bob Traa, available on Amazon.com. The book examines structural considerations for potential growth, fiscal and debt developments, and the fiscal rules in the EU27 and in each individual member state, including Greece.
Contributor: Bob Traa & Jens Bastian
Categories: Europe (281), Economy (329)
What's the problem with Greece's media?
Recently Greek Prime Minister Kyriakos Mitsotakis dismissed concerns about media independence in his country and described the Reporters Without Borders (RSF) assessment of Greece lying in 108th place in the organisation's annual World Press Freedom Index as "crap".
Contributor: Agora Podcast
Categories: Politics (385), Society (140), Greece (496)
Tracking Greece's fiscal performance
The Covid-19 pandemic is slowly fading into the background, with the energy disruption from Russia’s invasion in Ukraine taking its place as the most acute challenge for economic and fiscal policy. In this final blog for 2022, we want to take stock of where the budgetary situation stands, and what we can say about underlying trends.
Contributor: Bob Traa & Jens Bastian
Categories: Economy (329), Greece (496)
Podcast - Greece's surveillance scandal: Is anybody listening?
Since the summer, a surveillance scandal has been gripping Greece. It emerged that the leader of Greece’s third party, PASOK, was being spied on by the country’s National Intelligence Service (EYP) but that there had also been an attempt to install spyware on his mobile phone.
Contributor: Agora Podcast
Categories: Politics (385), Society (140), Greece (496)
Reflections on Greece's balance of payments
The current account. We can think of GDP as income (Y) from the production and supply of goods and services: production determines “income.” On the demand side, we can distinguish four categories: consumption (C), investment (I), exports (X), and imports (M). Thus, when demand is equal to supply: Y = C + I + X - M.
Contributor: Bob Traa & Jens Bastian
Categories: Europe (281), Economy (329), Greece (496)