Agora
Posts by Yiannis Mouzakis
Greek pensions laid bare
Greece’s pension system is taking centre stage again in the discussions with lenders. It should come as no surprise that even five years of programmes and repeated interventions have not managed to deal with the monster that was created after decades of mismanagement and a misled belief of entitlement.
Contributors: Manos Giakoumis, Yiannis Mouzakis
Categories: Europe (276), Economy (312), Greece (466)
A Greek proposal that deserves to be heard
Alexis Tsipras’s government had many people scratching their heads and some say even officials fuming with its approach and negotiating tactics since it came to power. It was evident from the very start that time would be against SYRIZA, and inconclusive as well as confrontational negotiations would fuel uncertainty, stretching the budget, draining liquidity, accelerating deposits flight and sinking the economy back into recession.
Contributor: Yiannis Mouzakis
Categories: Europe (276), Economy (312), Greece (466)
Greek DSA: Don't Say Anything about the debt
The decision by the International Monetary Fund’s Poul Thomsen to raise the issue of Greece’s debt sustainability at the recent Eurogroup in Riga, as reported in the Financial Times, felt like the moment that the adults returned to the room.
Contributor: Yiannis Mouzakis
Categories: Europe (276), Politics (364), Economy (312), Greece (466)
What in the world will we do without barbarians?
Just as the five-year anniversary of Greece’s first EU/IMF programme approaches - and despite marked procrastination in a number of other fronts - Greece’s coalition set up a parliamentary committee to investigate the country’s bankruptcy and the signing of its two memorandums with the troika.
Contributor: Yiannis Mouzakis
Categories: Politics (364), Economy (312), Greece (466)
The ECB's strict rules apply if you dare not comply
Mario Draghi used the word “rule” seven times in his recent press conference following the meeting of the European Central Bank's Governing Council in Nicosia. Six of those references were related to questions about Greece.
Contributor: Yiannis Mouzakis
Categories: Europe (276), Economy (312), Greece (466)