Dimitris Rapidis

Archives for Eurozone

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

As EU has entered in talks with Great Britain towards a more accommodating relationship that would vanquish Brexit prospects, German Finance Minister Wolfgang Schäuble keeps insisting that Greece would be in better economic condition if decision on Grexit had been reached in summer. Obsession of Schäuble to cling in this idea every now and then,… » read more

Posted by Dimitris Rapidis

Syriza government proposal for the survival of the pension system in Greece has been delivered to the institutions for consultation. The proposal is structured in a way to serve three major goals: a. protect the current pensioners; b. secure that new generations will receive pension; c. safeguard the pension system and avoid a total collapse.… » 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

The release of €2 billion tranche from ESM to Greece has been stalled for one major reason: the far different safety net for proprietors that envoys of institutions and the Greek government are setting with respect to the foresclosures of primary residencies. The issue is huge and the solution seems to necessitate political coordination. During… » read more

Posted by Dimitris Rapidis

  Yesterday the Greek delegation presented in the Eurogroup the list of reforms for the next month. These reforms have to pass through the Parliament so that the next tranche of 3 billion euros can be released by the ESM. Greek Minister of Finance Euclid Tsakalotos achieved to convince his counterparts on the reforms of… » read more

Posted by Dimitris Rapidis

Syriza won for a third time in a row during 2015. The first time was last January, the second in July’s referendum with the resounding “No”, and now on September 20. In Bridging Europe, already since late August, we have predicted the turnout, depicting the margin of Syriza between 5-7%. But what were these elements… » read more

Posted by Dimitris Rapidis

  Many were expecting that this debate last night would be extremely boring. They were right as all political leaders had nothing fresh to offer in the discussion. Nonetheless, even in this stiff depiction of Greek political life, we can come to some useful conclusions.   After a first reading, each one of the political… » read more

Posted by Dimitris Rapidis

Bridging Europe published last Friday the first poll towards snap elections in September 20. It is very early and unsafe to provide a solid assessment, but two things are certain: first, undecided voters will define the final turnout; second, coalition government is the most probable scenario. Syriza Alexis Tsipras is the most popular among Greek… » read more

Posted by Dimitris Rapidis