Dimitris Rapidis

Archives for Global Financial System

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

Greek PM Tsipras was invited last Monday to participate in Saint Petersburg International Economic Forum, an annual meeting held under the auspices of the President of Russia Vladimir Putin aiming -mainly- at boosting Russia’s export capacity. The same day, Greece was invited to become the sixth member of BRICS’s New Development Bank (NDB). International and… » read more

Posted by Dimitris Rapidis

  Two leading political figures of the Syriza government have gathered the attention of domestic and global media for visiting Moscow and Beijing respectively. Minister Panagiotis Lafazanis and Vice President of the government Yiannis Dragasakis are endeavoring to broaden and deepen bilateral relations with Russia and China in a truly unsteady European geopolitical and economic… » read more

Posted by Dimitris Rapidis

And here it is now that we are starting pondering on different alternatives on how to manage the debt of Greece and Eurozone. In an interview with The Financial Times, the Greek Minister of Finance Yanis Varoufakis introduced the term “perpetual bond” to explain his plan to ease Greece’s immense debt burden. As the confrontation… » read more

Posted by Dimitris Rapidis

Dimitri B. Papadimitriou is a leading scholar and policy-maker, President of the Levy Economics Institute of Bard College in New York. Himself as well as the Levy Institute have invested during the last couple of years in the explanation of sovereign debt crisis in Eurozone and Greece, endeavoring to enrich the debate with policy proposals… » read more

Posted by Dimitris Rapidis

It is only about commerce or energy, Ukraine or Georgia, or even the perception of Putin’s authoritative leadership by the Westerners that are lately put under scrutiny. To the contrary, it is something more than that that has kept Western Europe-Russia ties so close all along the previous centuries. And these are the historical and… » read more

Posted by Dimitris Rapidis

Mr Pierre Moscovici takes office in less than 10 days, after a tumultuous hearing a couple of weeks earlier. During this month, stock markets were shockingly destabilized with distrust over Eurozone to put again into the spotlight. Recent reports unveiled the weaknesses of the German economy, while Britain is heading into the sixth day of… » read more

Posted by Dimitris Rapidis

The draft report of the Committee on Economic and Monetary Affairs of the European Parliament over the regulations and powers of the European Central Bank to impose sanctions (EC No 2532/98), issued on September 17, includes a rather ambiguous, to be polite, provision, entitling the ECB to decide whether to publish or not decisions of… » read more

Posted by Dimitris Rapidis

The dramatic developments in Ukraine unveil some deep-rooted sovereign issues for this big and historic country. The fall of Yanukovich, while serving the demands of the majority of the people, was not properly prepared to address the issue of post-leadership crisis. None of the involving parts of the opposition have prepared the “next page” and… » read more

Posted by Dimitris Rapidis