Category Archives: The Greek Debt Crisis

Sep 16 2016

The Greek crisis is a crisis of production, not of public finance

1 Comment

By Antigone Lyberaki The Greek economic crisis is a crisis of production. Its key actor is a unique feature of the economy, the Greek family firm. Seen through that prism, the crisis is simply another episode in the story of … Continue reading

Share
Posted by: Posted on by Blog Admin Tagged with: , , , , , , ,

Jun 14 2016

The ECB grants debt relief to all Eurozone nations except Greece

4 Comments

By Paul De Grauwe Greece may be about to get some debt relief, although there is still resistance to the idea. This column argues that the ECB has been providing other Eurozone countries with debt relief since early 2015 through … Continue reading

Share
Posted by: Posted on by Blog Admin Tagged with: , , , , ,

Apr 6 2016

Greece. The country with the half Drachma

1 Comment

By Andreas Koutras A few days after the introduction of the bank capital controls and with thousands of pensioners queuing up outside the bank branches, the Prime Minister’s Office received a piece of research on the effect of the capital … Continue reading

Share
Posted by: Posted on by Blog Admin Tagged with: , , , , ,

Mar 9 2016

Experiments with austerity and anti-poverty policies in Greece: “Like Hodja’s donkey: it died just after it learned not to eat”

Leave a comment

By Vassilis P. Arapoglou In this brief note I want to summarize the scope of my presentation at the LSE research seminar on March 8, 2016. My aim is to reflect upon the findings of a research project on homelessness … Continue reading

Share
Posted by: Posted on by Blog Admin Tagged with: , , , , ,

Oct 15 2015

On Structural Reforms and Debt Relief

Leave a comment

By Prof Costas Milas, Dr Theodore Panagiotidis and Periklis Boumparis The recent trip of the Greek Prime Minister to the US was dominated by repeated calls for debt relief. The Greek pile of debt, currently at 177% of the country’s GDP, is … Continue reading

Share
Posted by: Posted on by HO Editor Tagged with:

Jul 6 2015

Experts react: Greek referendum

Leave a comment

The final result of the Greek referendum saw 61.3 per cent of voters reject the proposal, with 38.7 per cent voting in favour. EUROPP’s contributors express their reactions to the result and what it could mean for Greece’s future in … Continue reading

Share
Posted by: Posted on by HO Editor

Jul 3 2015

The IMF’s Preliminary Draft Debt Sustainability Analysis: what does it mean?

4 Comments

By Vassilis Monastiriotis The release of the latest analysis by the IMF on the sustainability of the Greek debt, which states loudly that Greece will need not only a hefty new bailout but also a further debt restructuring, fueled again … Continue reading

Share
Posted by: Posted on by HO Editor

Jun 26 2015

When Populism Fails

Leave a comment

By Kevin Featherstone Some years ago at the start of the crisis, I wrote in ‘Kathimerini’ that Greece might have to experience a ‘catastrophe’ before it would truly reform and get onto a better economic path. I hoped that such … Continue reading

Share
Posted by: Posted on by HO Editor

Jun 10 2015

The negotiation that never happened…

7 Comments

by Vassilis Monastiriotis   There are – there have always been – two approaches to the Greek crisis. One, that realises that there is a domestic problem (high debt, propensity to produce new debts, state and market inefficiencies, weak institutions … Continue reading

Share
Posted by: Posted on by Vassilis Monastiriotis

Mar 27 2015

Greek political culture has changed beyond recognition since the crisis began

2 Comments

Support for individual political parties has changed substantially since the start of the crisis in Greece, with Syriza emerging as the largest party in the 2015 elections, while other parties, such as Pasok, have lost most of their support. But … Continue reading

Share
Posted by: Posted on by Blog Admin Tagged with: , , , , , , ,