Dimitris Rapidis

Archives for unemployment

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

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 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

  SYRIZA’s landslide is definitely something many media and political analysts would not expect. Over 900 correspondents from European and international media were in Athens these last weeks to cover one of the most interesting and crucial elections in the Union. Why? Because the radical left party of SYRIZA, a party that until 2010 was… » 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

#Greece: A Dissolving Country

Four years of harsh economic austerity are certainly not a fundamental factor for a country to dissolve. Austerity can be a major factor for social unrest, political instability, extreme poverty and unemployment, growing grievances – but certainly not the departing point for a complete collapse. At least the collapse we have in mind when we… » 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

Since 2008 the Greek state has experienced one of the deepest and persistent financial and economic crisis in its short history. A crisis that has dismantled its social nets, increased unemployment to unprecedented levels, broken out extreme right parties, lowered trust to the entire political and banking system. In contrary to other countries in the… » read more

Posted by Dimitris Rapidis