Agora
Posts in Europe
Greek crisis redux? Not exactly
This week's explosion of Greek bond spreads and collapse of stocks prompted many people to have a sense of déjà vu. Many editors and analysts jumped in to call the new turmoil a repeat of 2010, when the geometric growth of Greek sovereign bond yields almost brought Europe to its knees.
Contributor: Ilias Siakantaris
Categories: Europe (289), Politics (407), Economy (341), Greece (519)
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 (289), Economy (341), Greece (519)
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 (289), Economy (341), Greece (519)
MacroPolis is taking the next step
MacroPolis was launched on September 24th, 2013 with the aim of providing real insight through timely, accurate and independent analysis of the key political, economic and social developments in Greece.
Categories: Europe (289), Politics (407), Economy (341), Society (149), Greece (519)
UnLuCky for some: Another painful lesson from the euro crisis
No matter what overall opinion you have of the Greeks, you really ought to hand it to us for tolerance. Over the last year and a half one of the three key players in Greece’s crisis management team has repeatedly and openly admitted that the prescription for addressing the country’s predicament was wrong.
Contributor: Yiannis Mouzakis
Categories: Europe (289), Economy (341), Greece (519)