Agora
Posts in Economy
Managing an orderly Greek exit from the memorandum
The narrative of how and when to exit the memorandum is currently at the heart of the discussion in Athens. Prime Minister Antonis Samaras insists that Greece does not require a third financial support programme from the troika of international creditors.
Contributor: Jens Bastian
Categories: Economy (348), Greece (527)
What would a clean bailout exit for Greece mean in numbers?
The discussion in Greece associated with exiting the troika program early is politically charged, primarily because it has a high degree of correlation with the viability of Prime Minister Antonis Samaras’s government.
Contributor: Yiannis Mouzakis
Categories: Economy (348), Greece (527)
Growth, recovery, change and other words lost in the wind
Unable to devalue their currency during this crisis, eurozone policy makers have feverishly cheapened words instead. Over the last few years the value of words like solidarity, reform, competitiveness, adjustment and relief has plummeted.
Contributor: Nick Malkoutzis
Categories: Politics (413), Economy (348), Greece (527)
![Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2014/09/29/parliamentfence_1000_myrto2909-large.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
Greek debt: A case of learned helplessness?
The concept of learned helplessness was accidentally discovered by psychologists Seligman and Maier back in 1967. They initially observed helpless behaviour in dogs that were conditioned to expect an electrical shock after hearing a tone and they made no attempts to escape, even though they could avoid the shock by simply jumping over a low barrier. They developed a cognitive expectation that nothing they did would prevent or eliminate the shocks.
Contributor: Yiannis Mouzakis
Categories: Europe (296), Economy (348), Greece (527)
Does Greece need a third programme?
During his visit to Berlin this week, Prime Minister Antonis Samaras repeatedly emphasised that Greece does not require a third financial support programme. In his conversation with Chancellor Angela Merkel he highlighted that the Greek sovereign was able to successfully return to international bond markets in April after a three-year forced hiatus.
Contributor: Jens Bastian
Categories: Europe (296), Economy (348), Greece (527)