Agora
Posts in Europe
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 (119), Economy (169), Greece (260)
Greece: The gathering storm
As the dust settles from Greece’s negotiations with its lenders and the arduous work of implementing their agreement begins, it is becoming increasingly evident that the next four months will be an extremely testing experience for everyone concerned.
Contributor: Nick Malkoutzis
Categories: Europe (119), Economy (169), Greece (260)
Spain is not Greece: Part two
The tremors in Greece after SYRIZA’s electoral victory were also felt in Spain –and quite intensely. Having attempted to disassociate Athens’ fate from Madrid’s, Spanish officials have found themselves somewhat linked again: in the outbreak of eurozone debt crisis it was the need for reforms and a rescue; today, it is politics.
Contributor: Arturo Lopo
Categories: Europe (119), Politics (171), Greece (260)
A pause in uncertainty but for how long?
Is Friday’s agreement at the Eurogroup a good deal for Greece? In some respects it is but in more respects it is not. Above all, the four-month agreement leaves Greece walking an economic and political tightrope over the next four months without knowing what lies at the end of it.
Contributor: Nick Malkoutzis
Categories: Europe (119), Politics (171), Economy (169), Greece (260)
You've heard the Greek crisis myths, now here are some truths
There are certain truths about the Greek crisis. The main one is that Greece got itself into an utter mess by 2009. This came about as a result of two serious errors. Firstly, at a political and societal level there was an underestimation of the economic rigours of sharing a hard currency with more competitive and open economies, such as Germany and the Netherlands.
Contributors: Nick Malkoutzis, Yiannis Mouzakis
Categories: Europe (119), Politics (171), Economy (169), Greece (260)