Agora
Posts in Europe
Does return to markets signal end of Greek crisis? The perils of ignoring macro-economic fundamentals
Politics today is the art of shaping a narrative, with the overriding preference being for one that is in harmony with markets and investors. This narrative is currently being formulated in real time in Greece. It is centred on the much anticipated return of the Greek sovereign to international bond markets.
Contributor: Jens Bastian
Categories: Europe (276), Politics (364), Economy (312), Greece (466)
No victory, just plenty of misery
It has become evident over the last few weeks that the eurozone’s pro-austerity camp is trying to defend its record, either through the ground it is afforded by influential media or through commentators that end up resembling cheerleaders rather than sober judges of the events that have unfolded in the single currency area.
Contributor: Yiannis Mouzakis
Categories: Europe (276), Politics (364), Economy (312), Society (131), Greece (466)
Should Greece really ask for a debt haircut?
There are very good reasons for arguing in favour of Greek public debt undergoing a haircut. Unfortunately, there are also some reasons for wondering whether things are not that simple and that a haircut might not be an ideal solution.
Contributor: Kostas Karkagiannis
Categories: Europe (276), Economy (312), Greece (466)
Spain’s economic recovery languishes amid graft scandals
Overwhelmed by corruption cases, Spain is struggling to recover from a two-year-long recession that is reflected in an unemployment rate that still remains over 25 percent -the second highest in the euro zone after Greece- and in a sluggish credit flow.
Contributor: Arturo Lopo
Categories: Europe (276), Politics (364), Economy (312), Society (131)
Buying time: The delayed crisis of democratic capitalism - a review
By now books about the financial crisis of 2008/09 and the sovereign debt crisis in the euro area since 2010 could fill entire libraries across the globe. The crisis narrative continues to carry such resonance in publishing houses, ranging from eye witness accounts, academic analysis, textbook guidance and even finding its way into novels.
Contributor: Jens Bastian
Categories: Europe (276), Politics (364), Economy (312), Society (131), Greece (466)