Dimitris Rapidis

Archives for Social Europe & Jobs

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

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

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

Last Friday’s Eurogroup in Riga, Latvia, was a complete disaster for all parts involved. For almost all Finance Ministers it was another “revelation” of their lack of ideas, flexibility, and rational argumentation over Greece. It was also a proof of lack of imagination for another Europe, distant from narrow-minded austerity. For Greece and its Finance… » read more

Posted by Dimitris Rapidis