Search
-
Troika inquiry: talk to the organ grinder, not the monkey
Agoraand narrow focus on the troika – a team of civil servants – rather than its political masters... after another. Self-fulfilling fear of “contagion” spread faster than blundering European authorities... dictating terms. The creditors needed an go-between and a scapegoat. (The reason for a troika, rather than
3% -
Buying time: The delayed crisis of democratic capitalism - a review
Agoraexigency than on macro-economic objectives. Members of the troika themselves, notably the IMF... of fiction than a concise economic adjustment programme. When focusing on Greece Streeck’s ire... decision makers to again buy some time, Streeck does not consider this arrangement to be more than
3% -
Goalposts shift as European elections near and SYRIZA cements lead
PoliticsGreek Politicscoincide with the second round of the local vote, rather than the first. This move carries great... in the European Parliament will be shared out more widely among the parties than they have been..., will gain these sorts of percentages in May and that the seats will be shared out among more than four
3% -
Troika returning to Greece but key decisions still months away
PoliticsGreek Politicsthan fiscal. Greece is expected to produce a larger-than-expected primary surplus for 2013. Prime... politically damaging for the government than the consequences Schaeuble is said to fear of not agreeing a new
3% -
Should Greece really ask for a debt haircut?
Agoraconclusion than that Greece’s public debt is unsustainable. The situation is even worse if we recall... is how we will we stand before our partners, some of whom are poorer than us, and demand that they write..., rather than plead for a haircut the best we can do is to ask for more European Union funding so we can
3% -
Greek justice slower despite reform efforts during crisis
Society. It indicated that the performance of the country’s judicial system had actually deteriorated rather than.... There were 2,547 judges in 2012, which was 22 percent less than in 2010. Courts also employ another 5,327... is considerably lower than the EU average of 45,578 euros.
3% -
Greece agrees with troika, looks to tranche release and redistribution of surplus
PoliticsGreek Politicslarger than Samara’s recent estimate that it would be “in excess of 1.5 billion”. The same source also... and emergency services who earn a monthly salary of less than 1,500 euros. Furthermore, 380 million euros..., is much lower than the target he initially announced. The agreement with the troika was confirmed
3% -
Buoyed by troika deal, Greece aims for rapid return to bond markets
Economyof this year’s funding gap but at a much higher cost than Greece currently borrows from the euro zone. This underlines that the government’s primary target is more of a political nature rather than... of a higher than forecast primary surplus for 2013, the potential positive comments at the upcoming
3% -
Cost of petty corruption in Greece has halved during crisis
Societyreported in 2013 than in 2012 and that the average amount paid in bribes fell to 1,333 euros, which is 7.6 percent lower than a year earlier. Almost one in three Greeks asked to give bribes refused to do so... corruption is related to more than just a fall in disposable income. It suggests that events over
3% -
Who benefits from Greece’s return to the markets?
Agorathat Pakistan returned to debt markets after an absence of more than seven years, the first Greek bond.... More than 85 percent of those pension funds, private equity firms, asset managers and hedge funds...-term than increasing sovereign debt finance. After the issuance of the five-year bond and the offered
3%