Dimitris Rapidis

Archives for Germany

In the European Council’s “battlefield” Greek PM Alexis Tsipras will be squeezed in the corner. With cooperation between Greece and Turkey on the spotlight, Tsipras has to manage escaping from possible pitfalls, while securing that the preparation of hospots for refugees will not delay further due to lack of funding. Emphasis will be given on… » read more

Posted by Dimitris Rapidis

After an all-night session and a lot of drama, the Greek Parliament voted in favor of the third bailout deal. Amid fierce debates, personal accusations, complaints against Zoe Konstantopoulou, the President of the Parliament, for impeding the process, and a deeper rupture inside Syriza party, Greek Minister of Finance Tsakalotos is now negotiating -or better… » read more

Posted by Dimitris Rapidis

The outcome of fiscal measures voting yesterday in the Greek Parliament was positive for Eurozone leaders. The measures passed with absolute majority as Syriza coalition partner Independent Greeks, the front opposition New Democracy, PASOK, and The River voted in favor. But Syriza had major losses, as 39 MPs voted against or abstain. Amid these MPs,… » read more

Posted by Dimitris Rapidis

Last Friday’s Eurogroup in Riga, Latvia, was a complete disaster for all parts involved. For almost all Finance Ministers it was another “revelation” of their lack of ideas, flexibility, and rational argumentation over Greece. It was also a proof of lack of imagination for another Europe, distant from narrow-minded austerity. For Greece and its Finance… » read more

Posted by Dimitris Rapidis

Five days before the official visit of Greek PM Alexis Tsipras to Moscow and the long-awaited meeting with President Putin, European and international media start (again) criticizing the rapprochement between the two countries. The Guardian and Natalie Nougayrede published today a fiercely ironic OpEd, under the alarming title “Tsipras risks to become Putin’s useful idiot”.… » read more

Posted by Dimitris Rapidis

  Two leading political figures of the Syriza government have gathered the attention of domestic and global media for visiting Moscow and Beijing respectively. Minister Panagiotis Lafazanis and Vice President of the government Yiannis Dragasakis are endeavoring to broaden and deepen bilateral relations with Russia and China in a truly unsteady European geopolitical and economic… » 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