Agora
Posts in Economy
A moment to reflect, not celebrate
Well, the first thing to say is: Celebrate what? Until the recent devastating fire in Mati, on the outskirts on Athens, there was talk that the government was planning a grand event to mark Greece’s exit from its third adjustment programme on August 20. If anything, though, August 20 should be a moment for reflection, rather than celebration.
Contributor: Nick Malkoutzis
Categories: Europe (296), Politics (413), Economy (348), Society (150), Greece (527)
For better or worse: Greece's bailout exit deja vu
As Greece stands on the cusp of exiting the third, and final, of its painful bailouts, there is a discussion about the terms under which it is exiting and how they compare to the conditions that were on offer the last time the country was close to the MoU finishing line, about four years ago.
Contributor: Yiannis Mouzakis
Categories: Europe (296), Politics (413), Economy (348), Greece (527)
The tie that binds
A cringeworthy gathering full of symbolism but lacking any substance at the Zappeion hall in central Athens seemed a fitting way to mark the imminent conclusion of Greece’s final bailout and an agreement with the country’s lenders on debt relief.
Contributor: Nick Malkoutzis
Categories: Europe (296), Economy (348), Greece (527)
About last night
The most tumultuous period in Greece’s modern history concluded in the middle of the night, with just a few usual suspects to share the moment on Twitter, a World Cup game being replayed on the television and the live stream of a Eurogroup press conference on the laptop screen.
Contributor: Yiannis Mouzakis
Categories: Europe (296), Economy (348), Greece (527)
What the ECB did next - a tale from another crisis
Italy’s political crisis and incoming government brings the European Central Bank back to making unpleasant choices as it tries to balance market risks with charting a path out of never-ending stimulus and crisis response measures. Mario Draghi has to preserve Euro-stability without appearing to intervene in Rome’s volatile politics.
Contributor: Ioannis Glinavos
Categories: Europe (296), Economy (348), Greece (527)