Dimitris Rapidis

Archives for ECB

  The most tricky information you can easily receive these days comes from opinion polls. With reference to the outcome of the referendum in Greece, most polls have presented hilariously divergent results. For someone that is used and experienced in interpreting pollsters, two things are certain: one, pollsters usually shape opinion rather than presenting a… » read more

Posted by Dimitris Rapidis

Probably during the next days creditors (and partners) of Greece will reach a final decision on the proposals (fifth amendment so far) of the Greek government. We don’t risk a prediction, but it is certain that all the way since February 2015 we have lived a monumental Greek drama, mainly due to the hasty and… » 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

It has been months since the President of ECB Mario Draghi has announced his intention to implement the so-called “quantitative easing”, adopting a similar decision of the US Fed to calm down pressures over the bonds market. So far his intention / decision has been blocked by Germany and Chancellor Merkel, who is reluctant to… » 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

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