Dimitris Rapidis

Archives for Austerity Politics

Hasta cuando?

Despite austerity measures, the Spanish economy continues to shrink. Public debt is increasing, whereas the banking system is more fragile than before. The problematic real estate loans continue to increase, despite the prospective cut and the reposition to the big basket of the “evil bank”. Meanwhile, the political environment does not encourage positive developments.

Posted by Dimitris Rapidis

We all know the way democracy and democratic regimes are functioning. Politicians are investing on pre-electoral speeches and debates and the so-called “well-informed” citizens are supposed to trust their vote based on the political programmes of the candidates. In addition, voters also acknowledge the capacities and skills of the politicians before deciding to support this… » read more

Posted by Dimitris Rapidis

The rise in power of the Workers Party and its President Louis Ignacio Da Silva (well-known as “Lula”) in 2003 has engendered hopes for millions of Brazilians for the launching of an alternative economic model that would compete the neoliberal economic doctrine and the financial monopoly exerted by the United States. The first visit of… » read more

Posted by Dimitris Rapidis

The head party of the Greek coalition government, New Democracy, took yesterday a sudden and in any manner authoritarian decision to shut down the public broadcaster ERT. The public-led company was occupying almost 2,700 employees being the largest news network of the country. Within the new legislative framework, it is expected that ERT will start… » read more

Posted by Dimitris Rapidis

The Greek government is lately endeavoring to establish an environment of optimism, exploiting the sense of the latest reports of the troika. Is there any momentum, or daily and economic developments that justify this wave of optimism? Facts show the opposite, but are all those who believe the opposite biased and prejudiced?

Posted by Dimitris Rapidis

Then we take Berlin

Europe is not only Germany. It is not only France nor Austria or Finland. Europe is above all the fundamental idea of co-existence, the basis from which any global initiative aiming at creating a federal union has to stem from. Europe is also Greece, Italy, Spain, Cyprus. Therefore the major issue of concern is not… » read more

Posted by Dimitris Rapidis

The local services of the Public Insurance System of Greece -known as IKA– have been suffocated during the last weeks by thousands of people waiting for hours in the queues in order to submit their complaints, mostly for payment delays and renewals of health booklets. Old people, but also youngsters and middle-aged employees or unemployed… » read more

Posted by Dimitris Rapidis

The Greek public sector has been on the center of the cyclone now that austerity politics are aimed to sweep over the remnants of a gigantic and non-prolific bureaucracy. But the way of doing so -i.e. to mind the gap between the width of the public service, the wages, and the efficiency rate- has ended… » read more

Posted by Dimitris Rapidis

The International Monetary Fund in its annual report on November 5th refers to the possible threat of competitiveness deficit that is impeding growth in France. It is emphasizing on the danger France could turn into similar condition as in Spain and Italy, where zero-growth levels pressed both to adopt austerity measures in order to control… » read more

Posted by Dimitris Rapidis