Category Archives: Europe

Restructuring, roll-over, moratorium

In the next few weeks the ECB/EU/IMF Troika will deliver its report on the implementation progress and compliance of Greece. On the basis of this report the EU and the IMF will decide whether to release the jumbo instalment of … Continue reading

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Speech by Chris Pissarides on “Fiscal crisis and economic restructuring: lessons for the labour market”

In a talk in Athens on 5 October 2012, Chris Pissarides analyzed the causes of the global financial crisis, as well as of the crisis in Greece and Cyprus. A large part of his talk focused on the relationship between … Continue reading

Posted in Education, Europe, Labour market, Macroeconomics, Public finance, Uncategorized | 2 Comments

Germany must lead or pull the plug: Greek Economists for Reform interviewed in Die Welt

German newspaper Die Welt interviewed three founding members of Greek Economists for Reform in its issue of June 28, 2012, coinciding with the important European Summit. The newspaper noted that numerous economists around the world express views on Greece and … Continue reading

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Renegotiation of Memorandum Terms is a Red Flag for International Partners

In a radio interview to the station ‘Athina 9.84’, Michael Haliassos points out the dead end for which Greece is headed when it sets renegotiation of terms as its objective while the international partners stress the need to stick to … Continue reading

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Danger signs for Greece

In an interview with the National Herald (New York), Nicholas Economides underlines the danger of a national disaster of the extent of the Asia Minor Disaster and the Civil War if Greece leaves the Euro. Among other terrible results are … Continue reading

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The Greek crisis and the road ahead

Eleven prominent Greek academic economists, eight of whom are founding members of this blog, write about the Greek crisis. They argue that although the crisis has an important European dimension, its root causes lie in Greece and especially in the … Continue reading

Posted in Banking and finance, Europe, Justice, Labour market, Macroeconomics, Press, Product market, Public finance, Public sector productivity | 1 Comment

Decision time

Greece is facing a historic crossroads, where every decision will have profound long-term consequences for everyone. For this reason, heading towards the most critical elections, we must all decide, individually at first and then collectively through democratic processes, our stance … Continue reading

Posted in Banking and finance, Europe, Macroeconomics, Public finance | 6 Comments

The drachma path

Once more the scenarios of a possible Greek exit from the Eurozone are in fashion. We also see scenarios of a Greek exit from the EU. Most media and commentators replicate the mutterings of European or Greek or other investment … Continue reading

Posted in Banking and finance, Europe, Macroeconomics, Public finance | 8 Comments

On the lack, the need, and the possibility of a reform dynamic

Nikos Vettas argues that the Greek economy can exit its current deep crisis only if a strong dynamic for reform develops. While this has been explained by many analysts since the crisis became apparent, the focus of economic policy in … Continue reading

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Greek Elections 2012—TV interview of Nicholas Economides

In an interview with Bloomberg News TV, Nicholas Economides discusses the economic dilemmas facing the voters in the elections, and the impact of their decisions on Greece and the European Union. Α more extensive discussion at Chinese Radio International here.

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