The reforms required by Greece’s bailout package are crucial to reviving its economy but politics could get in the way.
- Honorary Professor, Department of Economics, University of Stirling
Greece’s new coalition government was elected with a mandate to write off most of the €310 billion sovereign debt, with or without the consent of its creditors. In less than a week in power, this position…
Thousands of Greeks poured into the streets of Athens to rejoice Syriza’s win and to crown its leader, Alexis Tsipras, as Greece’s next prime minister. Most of them were the same people who, five years…
The European Central Bank’s decision to spend 60 billion euro a month to buy sovereign debt in order to fight deflation and revive the crumbling eurozone coincides with a snap Greek parliamentary election…
Germany has sent the message that a Greek exit from the eurozone might be the lesser of two evils. It has been interpreted as a warning to the Greek electorate ahead of its January 25 election as left-wing…
Greece is set for a January 25 election after the national parliament failed to elect a new president and already there is an air of crisis in a country that after five years of instability and austerity…
The Greek economy, after five years of recession, has nearly reached the top of the hill it has been climbing. But there is a real threat that in just a few months it will roll back down again. Like Sisyphus…
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