Dimitris Rapidis

Archives for EU institutions

Since the spark of the financial crisis, Greece has been weak in building a sound business environment. In this fragile context, disastrous austerity came to give a final blow. The last three years of EU funds 2007-13 period were not as efficient as the domestic governments or the European Commission could expect, but this was… » read more

Posted by Dimitris Rapidis

The release of €2 billion tranche from ESM to Greece has been stalled for one major reason: the far different safety net for proprietors that envoys of institutions and the Greek government are setting with respect to the foresclosures of primary residencies. The issue is huge and the solution seems to necessitate political coordination. During… » read more

Posted by Dimitris Rapidis

Since the spark of the US mortgage crisis in 2008 and the major repercussions that left behind in global scale, Eurozone has entered into a vicious circle of austerity and downfall. The economic stagnation and the myopic insistence on distorting the foundations of a welfare state in the European South (i.e. much more affected by… » read more

Posted by Dimitris Rapidis

The draft of the ESM bailout saw the light earlier today after the conclusion of the final, technical talks between the Greek delegation and the creditors. From the 35 actions that are needed to pass through the Parliament the coming days, 20 of them are unclear on their essence and argumentation. Why is that? From… » read more

Posted by Dimitris Rapidis

The Central Committee of the ruling party Syriza convenes tomorrow, Thursday, to debate upon the bailout talks. The Political Secretariat decided yesterday, after discussions with PM Tsipras, that its is indispensable for the party to abide by internal rules and give the voice to its members and elected representatives to accept or reject the bailout… » read more

Posted by Dimitris Rapidis

The outcome of the 17-hour long meeting of Eurozone leaders last Sunday was a huge blow for the Greek government. Amidst rumors that the Greek PM Tsipras was blackmailed to agree with any measure put in the table, both by the United States and Eurozone leaders, and despite the outstanding support of Greek PM in… » read more

Posted by Dimitris Rapidis

  The most tricky information you can easily receive these days comes from opinion polls. With reference to the outcome of the referendum in Greece, most polls have presented hilariously divergent results. For someone that is used and experienced in interpreting pollsters, two things are certain: one, pollsters usually shape opinion rather than presenting a… » read more

Posted by Dimitris Rapidis

Yesterday, June 30, we had another stage of parody in the negotiations between Greece and Eurozone. President Junker re-issued the same set of proposals, calling for PM Tsipras to react on that. The Greek side got back with a new, huge bailout plan, on the grounds that a specific growth plan will be discussed and… » read more

Posted by Dimitris Rapidis

The Greek government is offering five months now concrete proposals and options on how to tackle the deep-rooted financial and structural problems of the Greek economy. These proposals regard the overcoming of fiscal deadlock, the negotiations over a debt relief agreement, and certainly the preparation of a growth plan that could address the devastating macroeconomic… » read more

Posted by Dimitris Rapidis

Probably during the next days creditors (and partners) of Greece will reach a final decision on the proposals (fifth amendment so far) of the Greek government. We don’t risk a prediction, but it is certain that all the way since February 2015 we have lived a monumental Greek drama, mainly due to the hasty and… » read more

Posted by Dimitris Rapidis