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The Greek Crisis: Greece: the Paradox of power

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Friday, July 31, 2015. Greece: the Paradox of power. By Kevin Featherstone and Dimitris Papadimitriou. July 31, 2015. Why doesn’t Greece reform? Posted by Yulie Foka. Subscribe to: Post Comments (Atom). Aristides Hatzis' op-eds on major international media. The Surprisingly, Almost Eerily, Calm Greek Election. September 16, 2015). Statesman or Ideologue - Tsipras has to Chooce ( Financial Times,. July 11, 2015). A Perilous 'No' to the Status Quo. July 8, 2015). June 28, 2015). June 11, 2015). Back to the...

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The Greek Crisis: IMF cannot join Greek rescue, board told

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Thursday, July 30, 2015. IMF cannot join Greek rescue, board told. July 30, 2015. The International Monetary Fund’s board has been told Athens’ high debt levels and poor record of implementing reforms disqualify Greece from a third IMF bailout of the country, raising new questions over whether the institution will join the EU’s latest financial rescue. But they “cannot reach staff level agreement at this stage.” The Fund will only decide whether to participate during a “stage two&#8...Posted by Yulie Foka.

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The Greek Crisis: Greece’s Problem Is More Complicated than Austerity

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Monday, July 27, 2015. Greece’s Problem Is More Complicated than Austerity. By Michael G. Jacobides. July 27, 2015. Greece’s main economic problem is structural and an exit from the Eurozone will not solve it. Besides the short-term costs of such a move, history shows us that Greece has never managed to benefit from currency devaluations. What’s more, the recent McKinsey study on Greek competitiveness shows that the country’s biggest challenge has been a lack of investment. Posted by Yulie Foka. Politica...

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The Greek Crisis: Greece and lenders strike upbeat tone, deal seen on bailout

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Tuesday, August 4, 2015. Greece and lenders strike upbeat tone, deal seen on bailout. August 4, 2015. Both Greece and its lenders said on Tuesday they were optimistic they could broker a deal within days on a multi-billion euro bailout, striking a surprisingly upbeat tone on a process previously fraught with bitterness. We are moving in the right direction and intense work is continuing," Commission spokeswoman Mina Andreeva told Reuters. Posted by Yulie Foka. Subscribe to: Post Comments (Atom). Greece N...

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The Greek Crisis: The optimist’s guide to Greece

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Monday, July 27, 2015. The optimist’s guide to Greece. July 27, 2015. There are so many ways things could go wrong in Greece that it’s easy to miss how things could also go right. The best-case scenario involves the European Central Bank including Greek bonds in its quantitative easing programme, the lifting of capital controls and a deal on debt relief – all by the end of the year. However, if Tsipras can rebuild trust and follow through on his commitments, there is a clear path out of misery. Greece Ne...

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The Greek Crisis: Greek businesses left gasping as capital controls bite

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Tuesday, August 4, 2015. Greek businesses left gasping as capital controls bite. August 4, 2015. After the Greek government imposed capital controls to prevent the country’s banks from collapsing, businessman Athanassios Savvakis feared exports of apricots, peaches and tomatoes would be the country’s next economic casualty. Posted by Yulie Foka. Subscribe to: Post Comments (Atom). Aristides Hatzis' op-eds on major international media. The Surprisingly, Almost Eerily, Calm Greek Election. July 11, 2015).

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The Greek Crisis: The nasty Greek outcomes that democracy precludes

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Monday, August 3, 2015. The nasty Greek outcomes that democracy precludes. July 3, 2015. In Anthony Burgess’s dystopian novel A Clockwork Orange. I have come to the conclusion that Burgess was right and his publisher wrong. Most delinquent youths do eventually grow up, usually without the brutal aversion therapy inflicted on Alex. The same may be said of countries. Posted by Yulie Foka. Subscribe to: Post Comments (Atom). Aristides Hatzis' op-eds on major international media. September 16, 2015). Greece ...

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The Greek Crisis: Greek Stocks Fall 16% as Trading Resumes After Five-Week Closure

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Tuesday, August 4, 2015. Greek Stocks Fall 16% as Trading Resumes After Five-Week Closure. August 3, 2015. After a five-week hiatus, Athens’s stock market reopened Monday—and promptly sank like a stone. The steep decline shows investors are still concerned about Greece, even though the country and its creditors appear to have made some progress in recent bailout negotiations. Posted by Yulie Foka. Subscribe to: Post Comments (Atom). Aristides Hatzis' op-eds on major international media. July 11, 2015).

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The Greek Crisis: In Greece’s Wartime Economy, Tsipras Claims Mantle of Stability

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Thursday, August 6, 2015. In Greece’s Wartime Economy, Tsipras Claims Mantle of Stability. By Nikos Chrysoloras, Eleni Chrepa and Christos Ziotis. August 6, 2015. Rarely has a prime minister overseen so much financial destruction in so little time while tightening his grip on power. One senior aide said his shift toward the center of the political spectrum makes him the only guarantor of stability ahead of another possible election in coming months. 8220;The only way he can survive politically is to move...

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The Greek Crisis: What Greece Needs to Prosper

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Thursday, August 6, 2015. What Greece Needs to Prosper. By Edmund S. Phelps. August 6, 2015. Some economists overlook the modern idea that a country’s prosperity depends on innovation and entrepreneurship. They take the mechanistic view that prosperity is a matter of employment, and that employment is determined by “demand” – government spending, household consumption, and investment demand. Posted by Yulie Foka. Subscribe to: Post Comments (Atom). Aristides Hatzis' op-eds on major international media.