Agora
Posts in Europe
Greece's primary surplus: Much ado about nothing?
There has been some confusion about Greece's fiscal statistics this week after the size of the country's primary surplus was confirmed. This is an attempt to clear up some of the misunderstanding.
Contributor: Manos Giakoumis
Categories: Europe (282), Economy (331), Greece (498)
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 (282), Politics (387), Economy (331), Greece (498)
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 (282), Politics (387), Economy (331), Society (142), Greece (498)
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 (282), Economy (331), Greece (498)
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 (282), Politics (387), Economy (331), Society (142)