Agora
Posts by Yiannis Mouzakis
Labour market reforms did exactly what they were supposed to
Greece had a current account deficit of 15 percent of GDP in 2008, when the crisis struck. Unit labour costs since euro adoption had increased by 35 percent, compared to less than 20 percent in the euro area.
Contributor: Yiannis Mouzakis
Categories: Economy (331), Greece (498)
About to soar? Greece's economy still needs to be handled with care
Last Friday’s release of the second quarter Greek GDP figures by ELSTAT confirmed that the economy has recorded two consecutive quarters of growth. The last time Greece started a year with two quarters of growth was in 2006.
Contributor: Yiannis Mouzakis
Categories: Economy (331), Greece (498)
Could reforms have prevented Greece's economic collapse?
The Greek economy’s collapse in the 2010-2013 period has become legendary. Greece had already been hit hard by the global financial crisis in 2009, when it posted a sharp GDP drop of -4.3 percent.
Contributor: Yiannis Mouzakis
Categories: Economy (331), Greece (498)
In the case of Greek debt, it's the "how" that's missing
Over the period of nine months that it took to complete the second programme review, the role of the International Monetary Fund as Alexis Tsipras’s strongest ally to secure debt relief was one of the many curved balls that flew past the Greek prime minister.
Contributor: Yiannis Mouzakis
Categories: Economy (331), Greece (498)
Another Eurogroup for Greece where all options fell short
Throughout the crisis, Eurogroup meetings that had Greece on their agenda have been awkward for Greek finance ministers and usually ended up with unpleasant outcomes.
Contributor: Yiannis Mouzakis
Categories: Europe (282), Politics (387), Economy (331), Greece (498)