Category Archives: Economic research

Grexit is now less dangerous for the Eurozone

In a full-page interview in the Greek newspaper “Kathimerini” on Sunday, January 11, 2015, Michael Haliassos describes where the Greek adjustment program of the past five years has gone wrong, and why Greece has no room for creating further uncertainties … Continue reading

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How To Solve The Greek Public Debt Problem

How To Solve The Greek Public Debt Problem In an article in ESTIA, Prof. Nicholas Economides discusses how issuing new bonds and using the moneys exclusively for investment will solve the Greek sovereign debt problem. Additionally he proposes reducing interest … Continue reading

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Looking Beyond the Greek Crisis

Transcript of presentation delivered at the conference Growth and Employment in Europe Session. Panel I By Yannis M. Ioannides Megaron, Athens, May 12, 2014 Organized by Lucas Papademos Slides Introduction I want to start by comparing the evolution of Greek … Continue reading

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The Greek Crisis: Origins and Implications

This paper argues that the deep causes of the Greek and Eurozone crisis are the large external imbalances (trade deficits) of the countries of the European periphery. Their fiscal imbalances exacerbated but did not cause the crisis and therefore fiscal … Continue reading

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Greece should issue new bonds before the European elections

In an article published in Kathimerini, on February 9, Prof. Nicholas Economides proposes that Greece issue new 5-year bonds immediately, that is, before the European elections. This would be the first time Greece would issue bonds since its crisis in … Continue reading

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Attracting Top Research and Innovation Performers: A Way Out of the Greek Crisis

Alexander Kritikos and Odysseas Kartalos argue forcefully that, for Greece, the way out of the current economic crisis is not austerity but a long-term plan focusing on innovative industries with high added value. However, in comparison to other countries in … Continue reading

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Salary Cuts and Competitiveness

Promotion of competitiveness in the international market for goods and services, especially for fiscally troubled countries, is both an objective of European Union policies and a prerequisite for the longer-run viability and repayment of public debt. Massive horizontal salary cuts … Continue reading

Posted in Economic development, Economic research, Europe, Labour market, Macroeconomics, Public sector productivity | 1 Comment

Economic research and economic policy — CRETE conference

The 11th Conference on Research on Economic Theory and Econometrics (CRETE) took place at Milos in July. 180 participants presented and discussed academic research in all areas of economics. This summer school involves Greek academics from Greece and abroad, as … Continue reading

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