Dimitris Rapidis

Archives for eurocrisis

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

Syriza government proposal for the survival of the pension system in Greece has been delivered to the institutions for consultation. The proposal is structured in a way to serve three major goals: a. protect the current pensioners; b. secure that new generations will receive pension; c. safeguard the pension system and avoid a total collapse.… » read more

Posted by Dimitris Rapidis

The alarming increase in child poverty leaves untouched decision-makers in Brussels. It unveils the most appalling facet of the economic crisis, it constitutes a fundamental factor that undermines growth prospects, strongly affects performance at schools, causes problems in the family and psychology issues and breaks down the basic structures and safety nets of the society.… » read more

Posted by Dimitris Rapidis

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