Agora
Debt relief or debt restructuring for Greece?
The two economic adjustment programmes for Greece from 2010 and 2012 as well as the sovereign debt restructuring from April 2012 and the debt buyback initiative in December of the same year have had a significant impact on the debt profile of Greece as a sovereign creditor. Greece’s creditor structure in 2013 compared to the point of departure in 2010 hardly bears any resemblance.
Contributor: Jens Bastian
Categories: Europe (281), Economy (329), Greece (496)
After Q3 results, what next for Greek banks?
The announcement of Greek banks’ third quarter (Q3) results did not result in any major surprises, while at the same time confirming expectations of a domestic net interest income (NII) rebound, cost containment and deceleration in the increase of non-performing loans (NPLs).
Contributor: Manos Giakoumis
Categories: Economy (329), Greece (496)
Of symmetry and adjustments in the eurozone
The global crisis that erupted in 2007 in the financial sector evolved into a local eurozone sovereign debt crisis in the fall of 2009, when Greece revealed serious problems in the management of public finances. Since then, the prevailing narrative has been what I called the “Berlin View”, calling into question the governments of some countries of the European periphery, particularly Greece, Spain and Italy.
Contributor: Francesco Saraceno
Categories: Europe (281), Economy (329)
![Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/11/14/syntagma_1000_myrto_1411-large.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
The Greek Ombudsman and public administration during challenging times
The creation of the Ombudsman in 1997 as an independent authority may be seen as a symbol of institutional modernisation. It was intended to strengthen the Rule of Law, to consolidate good governance and ensure the respect of human rights; it constituted an injection of accountability into the Greek political administrative system and a means for the empowerment of citizens vis-à-vis the bureaucracy.
Contributor: Calliope Spanou
Categories: Society (140), Greece (496)
![Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/11/25/goldendawn2_1000_myrto_2511-large.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
Down but not out: Golden Dawn rears its head again
Almost two months after the government cracked down on Golden Dawn, the neo-fascist party is rising again. Analysts explain why the party's popularity has not been damaged.
Contributor: Harry van Versendaal
Categories: Politics (385), Society (140), Greece (496)