Agora
Posts in Europe
On the Greek crisis and German imbalances
Policies undertaken from a narrow national perspective that encourage systematic fiscal surpluses, coupled with a national consensus on wage suppression between unions and industry facilitated by the state, impact negatively upon domestic spending while increasing national saving.
Contributor: Marios Zachariadis
Categories: Europe (293), Economy (345), Greece (523)
Which way now, Mr Tsipras?
After his haphazard cross-country drive across Europe over the last six months, Alexis Tsipras has arrived at the crossroads. He has already been forced by European lenders to make a huge compromise; now he has to decide whether he will be just as ruthless with dissenters in his own party.
Contributor: Nick Malkoutzis
Categories: Europe (293), Politics (410), Economy (345), Greece (523)
Between heaven and hell
What is the distance between heaven and hell? About 700 metres – I measured it on Monday. The morning after the referendum on the Eurogroup’s bailout proposal, I visited my local pharmacy, where my pharmacist was confident that the convincing No vote the night before would lead to good things for Greece. “Everything will be fine,” he said. I walked home and bumped into my neighbour. His view of the referendum was completely different. “We’re doomed now,” he told me.
Contributor: Nick Malkoutzis
Categories: Europe (293), Society (149), Greece (523)
An impossible choice
As this article was being written a few days ago, various European governments and international funding institutions were discussing the consequences of the expiration of Greece’s current financial assistance programme.
Contributor: Jens Bastian
Categories: Europe (293), Politics (410), Economy (345), Greece (523)
The Greeks deserved better than this
For some time it appeared that Greek Prime Minister Alexis Tsipras, or at least some of the people advising him, felt Greece had something to gain from being in a take-it-or-leave-it situation with lenders as the pressure would be on the other side. Right now, though, it doesn’t seem such a good position to be in.
Contributor: Nick Malkoutzis
Categories: Europe (293), Politics (410), Economy (345), Greece (523)