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Posts in Greece
Greece’s return to capital markets: Why not try a diaspora bond first?
Greece’s return to international capital markets during the course of 2014 is currently the talk of town in Athens. Sandwiched between Greece’s six-month EU presidency and reports of a primary budget surplus, whose size appears to be changing on a weekly basis, the objective of returning to capital markets is taking on ever more significance.
Contributor: Jens Bastian
Categories: Economy (169), Greece (260)
The wrong prescription
As is customary by now the troika’s return to Athens has been accompanied by a flurry of speculation about how targets will be met. This time the focus is on the structural rather than fiscal side. This simply means replacing the back and forth between Greece and its lenders over excruciating details of how money will be saved with a similar tug of war over the minutiae of reforms.
Contributor: Nick Malkoutzis
Categories: Economy (169), Society (34), Greece (260)
Should Greece really ask for a debt haircut?
There are very good reasons for arguing in favour of Greek public debt undergoing a haircut. Unfortunately, there are also some reasons for wondering whether things are not that simple and that a haircut might not be an ideal solution.
Contributor: Kostas Karkagiannis
Categories: Europe (119), Economy (169), Greece (260)
Buying time: The delayed crisis of democratic capitalism - a review
By now books about the financial crisis of 2008/09 and the sovereign debt crisis in the euro area since 2010 could fill entire libraries across the globe. The crisis narrative continues to carry such resonance in publishing houses, ranging from eye witness accounts, academic analysis, textbook guidance and even finding its way into novels.
Contributor: Jens Bastian
Categories: Europe (119), Politics (171), Economy (169), Society (34), Greece (260)
Greece in danger of repeating familiar mistakes with Golden Dawn
Barring any last minute upsets, Golden Dawn will officially become Greece’s third-largest party when local and European Parliament elections are held in May. At least that is what opinion polls have been indicating for some time. It would represent another milestone in the shocking rise of the Neo-Nazi party, which has proved a challenge Greece’s political system has been unable to tackle.
Contributor: Nick Malkoutzis
Categories: Politics (171), Greece (260)