Dimitris Rapidis

Archives for EU priorities

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

#ParisAttacks: The day after

Terrorist attacks in Paris late Saturday November 13 caused an unprecedented shock. Flowers, candles, profile photos, poems and kind words are nice and play a role in communicating the mobilization of the European and world communities and the determination to not be terrorized. But let’s be honest. This does not suffice. It takes coordinated action… » read more

Posted by Dimitris Rapidis

EU lacks geopolitical strategy

The economic crisis remains a top priority for Eurozone with the current consolidation model generating much more problems than solutions. Greece has been forced to adopt a third bailout deal, but the ruling Syriza party resists towards protecting the most affected ones, while unfolding the deadlock that austerity politics have caused to an increasing number… » 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

  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

Time always matter. In 1946 Great Britain’s PM Winston Churchill gave a speech at the University of Zurich pointing out the paramount need for the creation of the “United States of Europe”. The statement of Churchill came after an unprecedentedly devastating war that destroyed Europe in political, human, and economic level. Almost 60 years later,… » 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