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No victory, just plenty of misery
Agorafor a country to lose a quarter of its economy in a few years, see its unemployment rate edging towards... in order without choking the economy and the population. European Stability Mechanism managing director... has attempted anything of this magnitude and nobody can be surprised that the economy and the labour
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Greek Parliament's budget office questions primary surplus sustainability
EconomyMacroeconomy) argues that despite significant achievements in 2014, the Greek economy still has a long way to go... in the economy, the targets for high primary surpluses should be revised downwards. It also calls... to committee, the return to bond markets does not mean that the Greek economy has wriggled free
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The politics of debt dynamics in Greece
Agoraof recession, the economy’s growth potential may be too weakened to generate the levels of GDP necessary... that headwinds are coming Greece’s way that could adversely impact on the economy’s recovery potential... political economy whose proposed solutions are complex, controversial and being closely watched
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New Greek cabinet a mixed bag, prompting hope and concern
PoliticsGreek PoliticsEconomy Ministry, has gone to economist Giorgos Stathakis, who recently argued that SYRIZA's main aim... drivers of the Greek economy (tourism and shipping) as well as infrastructure. Outside help SYRIZA's... and the Economy program at the Levy Institute in the USA. An expert has also brought in from outside
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What in the world will we do without barbarians?
Agoraof the Greek economy, including this table with the main aggregates of the general government accounts..., or just over 103 percent of its economy. To service that debt Greece needed about 10 billion euros... and 2009. In 2009 alone Greece issued 66 billion euros (equivalent to 28 percent of the economy
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Between Scylla and Charybdis
Agoraimpact on the Greek economy, hitting budget revenues hard and throwing the overall budget off track... in the banking system via the capital controls, the only stock of euros in the economy... the most compliant of nations like Ireland and Spain; force the repurposing of an entire economy
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Parliament's budget office rings alarm bell on economic prospects
EconomyMacroeconomyThe Greek economy deteriorated in the first half of 2015 and the country has entered again... of the economy will be eliminated, according to the PBO report. If reforms are implemented... impact on the long term prospects. In PBO view, the domestic economy and society have untapped growth
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Newsletter 37 - 31/07/2015
months of furtive attempts to reach a viable compromise. Micro-managing the Greek real economy... from scratch, then any identification of growth perspectives for the real economy is marred.... The IMF’s debt sustainability analysis and the political economy conclusions resulting therefrom have
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From the troika to the quartet
Agora. Micro-managing the Greek real economy remains the focus of the international creditors. Greece has... for the real economy is marred by fundamental uncertainty. The question of sovereign debt reduction...’s international creditors. The IMF’s debt sustainability analysis and the political economy
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One year of SYRIZA
Agorathat had stacked up against the new government (diminishing liquidity, weak banks, fragile economy.... The result of all this was for the Greek economy to suffer another blow, on top of the damage that had... the Greek economy starts growing again, there will not be much that any government can do to counter
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