Dimitris Rapidis

Archives for euro

Between October 13-16, the governing Syriza party held its second congress in Athens. Many debates, fruitful discussions, but above all the need to re-address some major issues that define the party’s new vision and political scope. Euclid Tsakalotos ranked first in Central Committee voting Greek Minister of Finance achieved to get the first place among… » read more

Posted by Dimitris Rapidis

It is a turning point for the Syriza-led government. After more than one year since the painful agreement on a third bailout for the country has been reached, the society and the business world are suffocating under the burden of tax hikes, lack of liquidity from the banks, weak improvement of macroeconomic factors. Unemployment has… » read more

Posted by Dimitris Rapidis

The Greek government is introducing an omnibus bill including the establishment of the new Privatization Fund that will absorb the former one, created by the ND-PASOK government under the framework of the second bailout deal (2012-14). This new Fund has major differences from the previous one. Contrary to the previous one, the new Fund is… » read more

Posted by Dimitris Rapidis

On May 11 the Greek government extended for a fourth consecutive time the law protecting primary residences from foreclosure. This refers to a wide category of non-performing loans (NPLs), covering as well medium-size enterprises with gross annual income lower than 50 million euros, occupying up to 250 employees. This regulation protects 94% of the total… » read more

Posted by Dimitris Rapidis

As EU has entered in talks with Great Britain towards a more accommodating relationship that would vanquish Brexit prospects, German Finance Minister Wolfgang Schäuble keeps insisting that Greece would be in better economic condition if decision on Grexit had been reached in summer. Obsession of Schäuble to cling in this idea every now and then,… » 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

Syriza won for a third time in a row during 2015. The first time was last January, the second in July’s referendum with the resounding “No”, and now on September 20. In Bridging Europe, already since late August, we have predicted the turnout, depicting the margin of Syriza between 5-7%. But what were these elements… » read more

Posted by Dimitris Rapidis

There was no space for compromise during yesterday’s debate. From the first moment Syriza leader Tsipras ruled out any possible grand coalition between Syriza and New Democracy. On his side ND leader Meimarakis was very offensive against Tsipras in an effort to record a win a for his party after a disastreous performance last January.… » read more

Posted by Dimitris Rapidis

For the time being, snap elections is the worst case scenario for most members of the Greek government, the opposition, the business world. The biggest part of the electorate is hugely disappointed with the performance of the Greek government so far (i.e. see nationwide poll of Bridging Europe), especially after the government capitulated to the… » read more

Posted by Dimitris Rapidis