Agora
Posts by Yiannis Mouzakis
How Greece sleepwalked off a cliff in 2009, in black and white
Nine years since facing bankruptcy and subsequently having experienced the most severe economic crisis in its modern history, which took away a quarter of the economy and employment, a country should at least have identified the reasons that it found itself in such a mess.
Contributor: Yiannis Mouzakis
Categories: Politics (407), Economy (341), Greece (519)
Check, please: How much Alexis Tsipras's first months cost Greece
This time last year, Alexis Tsipras was in the awkward position of having missed his main objectives and found himself at odds with Greece’s creditors over his decision to hand out a 13th pension.
Contributor: Yiannis Mouzakis
Categories: Politics (407), Economy (341), Greece (519)
Why it makes sense for ESM to swap Greece's IMF loans
In an interview over the weekend, the head of the European Stability Mechanism (ESM) Klaus Regling aside from the optimism on the progress of the current review hinted of one of the options that eurozone lenders might be willing to consider for the debt relief that Greece is due to receive by the end of the programme.
Contributor: Yiannis Mouzakis
Categories: Europe (289), Economy (341), Greece (519)
Labour market reforms did exactly what they were supposed to
Greece had a current account deficit of 15 percent of GDP in 2008, when the crisis struck. Unit labour costs since euro adoption had increased by 35 percent, compared to less than 20 percent in the euro area.
Contributor: Yiannis Mouzakis
Categories: Economy (341), Greece (519)
About to soar? Greece's economy still needs to be handled with care
Last Friday’s release of the second quarter Greek GDP figures by ELSTAT confirmed that the economy has recorded two consecutive quarters of growth. The last time Greece started a year with two quarters of growth was in 2006.
Contributor: Yiannis Mouzakis
Categories: Economy (341), Greece (519)