Dimitris Rapidis

Archives for EU Institutions

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

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

  The month-long negotiations between the Greek government and Eurozone ended up temporarily with the adoption of a 4-month extension of the current bailout program during which the Greek government is bound to undertake a specific course of action regarding these structural reforms that will convince the creditors that Greece is ready to receive the… » read more

Posted by Dimitris Rapidis

One step before reaching an agreement (?) on Greece’s bailout program, the government dispatched today the revised proposal including the extension of the current loan agreement for the next six (6) months, while introducing a moratorium in the implementation of new austerity measures suggested by troika last November. Meanwhile, the ECB decided yesterday to extend… » read more

Posted by Dimitris Rapidis

These last days we have witnessed a growing “statement war” over the possible outcome of the negotiations in this Wednesday’s Eurogroup and the possibility of “Grexit”. This term that has been so easily used in unofficial statements and media coverage to stir anxiety in the markets and fear in the Greek and European public is… » 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

The pressure on the new Greek government is immense since the first day in power. A growing pressure that stems from every possibly side: from international media; from EU leaders; from opinion-makers; from the market; domestically in Greece, from different voices proclaiming themselves “democrats” that vie for the future of Greece, its citizens, its prosperity,… » read more

Posted by Dimitris Rapidis

On Monday January 26 the European Council released the Statement of the Heads of States or Governments pointing out the growing concern on political and military developments in Ukraine. In the Statement the Council also underlined that the EU should consider taking and implementing new sanctions against Russia if it considers it appropriate. While such… » 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