Agora
Posts by Yiannis Mouzakis
Asking Greece to stack more austerity measures ignores past failings
At the Eurogroup that took place in Amsterdam last week, Greece’s lenders decided to “stack” more measures just as the director of the International Monetary Fund’s European department Poul Thomsen appears to have predicted in the leaked teleconference recently published by WikiLeaks.
Contributor: Yiannis Mouzakis
Categories: Economy (312), Greece (466)
Tsipras and the IMF: Another miscalculation?
Following Saturday’s leak of the exchange between the International Monetary Fund’s European Department director Poul Thomsen and the head of the mission to Greece Delia Velculescu, Prime Minister Alexis Tsipras’s reading of the situation and his reaction to the WikiLeaks publication were puzzling.
Contributor: Yiannis Mouzakis
Categories: Economy (312), Greece (466)
Investment: The forgotten casualty of the Greek crisis
One of the greatest casualties of the Greek crisis and a much-overlooked key contributor towards the depression that engulfed the economy has been investment, or lack thereof.
Contributor: Yiannis Mouzakis
Categories: Economy (312), Greece (466)
Greek pensions: The unsolvable equation
Last July the conditionality of Greece’s third programme included savings of 1 percent of GDP from pensions. It did not require any major fortune telling skills to anticipate that this would soon lead the government of Alexis Tsipras into an extremely tense situation.
Contributor: Yiannis Mouzakis
Categories: Politics (364), Economy (312), Greece (466)
Honey, I shrunk the Greeks vol. 2
The IMF formally announced on Friday that it changed the policy of exceptional access criteria, in essence reversing a highly political decision of the Fund back in 2010, a decision that saved the euro and paved the path for half a decade of economic devastation that sealed Greece’s fate.
Contributor: Yiannis Mouzakis
Categories: Economy (312), Greece (466)