Agora
Posts in Economy
Why it makes sense for ESM to swap Greece's IMF loans
In an interview over the weekend, the head of the European Stability Mechanism (ESM) Klaus Regling aside from the optimism on the progress of the current review hinted of one of the options that eurozone lenders might be willing to consider for the debt relief that Greece is due to receive by the end of the programme.
Contributor: Yiannis Mouzakis
Categories: Europe (298), Economy (357), Greece (538)
US view on Greece proving constant amid change
Alexis Tsipras’s recent visit to the USA was something of a curate’s egg, ranging between high diplomacy and acute embarrassment. It would be wrong, though, to dismiss its implications.
Contributor: Nick Malkoutzis
Categories: Politics (421), Economy (357), Greece (538)
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 (357), Greece (538)
Wolfgang at the door
“Nothing will be quite the same again,” Greek Finance Minister Euclid Tsakalotos wrote on the European Union flag given to his German counterpart Wolfgang Schaeuble on October 9, as the latter attended his 113th and last Eurogroup.
Contributor: Nick Malkoutzis
Categories: Europe (298), Economy (357), Greece (538)
China's Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
China is rather a newcomer to the region of southeast Europe. Compared to other countries and multilateral institutions – such as Russia, the European Commission or the EBRD – China is starting almost 30 years after the Fall of the Berlin Wall to establish a footprint in the region
Contributor: Jens Bastian
Categories: Europe (298), Economy (357)