Agora
Posts in Europe
A Greek proposal that deserves to be heard
Alexis Tsipras’s government had many people scratching their heads and some say even officials fuming with its approach and negotiating tactics since it came to power. It was evident from the very start that time would be against SYRIZA, and inconclusive as well as confrontational negotiations would fuel uncertainty, stretching the budget, draining liquidity, accelerating deposits flight and sinking the economy back into recession.
Contributor: Yiannis Mouzakis
Categories: Europe (289), Economy (341), Greece (519)
Waiting for the hurricane
Over the last few months, Greece has been like a town on the East Coast of the USA during the hurricane season. Greeks have been checking the news every day to see if the storm will hit, causing widespread destruction, or whether it will glance by their homes, leaving behind damage that can be repaired.
Contributor: Nick Malkoutzis
Categories: Europe (289), Politics (407), Economy (341), Greece (519)
How Greek banks can balance on the collateral tightrope
The ongoing and troubled negotiations between Greece and its lenders, as well as the weekly meetings of the European Central Bank’s governing council mean that there is growing concern about the extent to which Greek banks will continue to be able to draw emergency liquidity to cover the outflow of deposits.
Contributor: Manos Giakoumis
Categories: Europe (289), Economy (341), Greece (519)
Greek DSA: Don't Say Anything about the debt
The decision by the International Monetary Fund’s Poul Thomsen to raise the issue of Greece’s debt sustainability at the recent Eurogroup in Riga, as reported in the Financial Times, felt like the moment that the adults returned to the room.
Contributor: Yiannis Mouzakis
Categories: Europe (289), Politics (407), Economy (341), Greece (519)
Greece and its lenders: Where do you start?
Since it was first recorded in 1944 by American public administrator David Lilienthal, the following anecdote has been told many times and in many ways: A traveller asks a local man for directions and, after much thought, the latter turns to the visitor and says: “My friend, I tell you; if I were you, I wouldn’t start from here.” As Greece and the eurozone remain some distance apart on how to conclude their bailout negotiations, it seems a good time to return to this tale.
Contributor: Nick Malkoutzis
Categories: Europe (289), Politics (407), Economy (341), Greece (519)