Agora
Posts by Jens Bastian
Is there (sustainable) growth in Greece?
Greece finally exited its six-year long recession in the third quarter of 2014. The Hellenic Statistical Authority ELSTAT said that the economy grew by 0.7 percent in the third quarter (compared to the same quarter in 2013). The positive third quarter reading is the first after 24 consecutive quarters of negative GDP performance dating back to Q3 2008.
Contributor: Jens Bastian
Categories: Economy (344), Greece (522)
The politics of debt dynamics in Greece
As a procession of government and opposition representatives met Greek President Karolos Papoulias in the course of last week, one issue was brought to public attention that could be termed the taboo topic amid all the memorandum exit debates.
Contributor: Jens Bastian
Categories: Economy (344), Greece (522)
The arduous road of privatisation in Greece
This week two developments at the Hellenic Republic Asset Development Fund (HRADF) made headline news. First, the Greek privatisation agency confirmed its medium-term revenue targets. The HRADF’s chief executive officer, Paschalis Bouchoris, in charge since August of this year, argued that TAIPED (as it is known by its Greek acronym) can reach the revenue target of 9.6 billion euros by the end of 2016.
Contributor: Jens Bastian
Categories: Politics (409), Economy (344), Greece (522)
Managing an orderly Greek exit from the memorandum
The narrative of how and when to exit the memorandum is currently at the heart of the discussion in Athens. Prime Minister Antonis Samaras insists that Greece does not require a third financial support programme from the troika of international creditors.
Contributor: Jens Bastian
Categories: Economy (344), Greece (522)
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 (292), Economy (344), Greece (522)