Agora
Posts by Yiannis Mouzakis
An unfounded argument leaves Greece in limbo
Often, the decisions taken by the eurozone that shaped the Greek crisis at pivotal moments and sealed the country’s fate were defined by the limitations that the decision makers were facing and not the approach that would have produced the optimal result.
Contributor: Yiannis Mouzakis
Categories: Europe (280), Economy (319), Greece (482)
Greece's pursuit of normality has only one starting point
If you got your hands on a European Commission report that outlined issues of loss of reform momentum, resistance to public sector changes, loss of fiscal discipline, a delayed privatisation programme hampered by strong political opposition and the risk of falling short of fiscal targets agreed in the European Stability Mechanism programme, it is highly probable that the first – perhaps only - country you would think of is Greece.
Contributor: Yiannis Mouzakis
Categories: Europe (280), Economy (319), Greece (482)
The IMF and Greece's bitter pill
Greece’s latest European Stability Mechanism programme generates a degree of austerity that prevents the “nascent recovery from taking hold.”
Contributor: Yiannis Mouzakis
Categories: Europe (280), Economy (319), Greece (482)
Eurogroup leaves Greece snared between its creditors
Just as years of fiscal irresponsibility pushed Greece into its permanent state of crisis, seven years and numerous Eurogroups later it was still the fiscal side of things that made the biggest impression on developments at Monday’s Eurogroup.
Contributor: Yiannis Mouzakis
Categories: Europe (280), Economy (319), Greece (482)
The Greek debt circle can be squared
From the beginning of the crisis, Greece’s debt has often been the elephant in the room. Over the last year it has taken on the form of an unsolvable equation as key decisions makers have taken positions that do not appear to overlap.
Contributor: Yiannis Mouzakis
Categories: Economy (319)