Dimitris Rapidis

Archives for Greece

After the second vote on prior actions yesterday, the Greek government has achieved to close a big chapter that started last February. Prior actions have passed by the Parliament with absolute majority, as SYRIZA and ANEL coalition government got the support from opposition parties New Democracy, PASOK and The River. For the next 10 days… » 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

The outcome of the 17-hour long meeting of Eurozone leaders last Sunday was a huge blow for the Greek government. Amidst rumors that the Greek PM Tsipras was blackmailed to agree with any measure put in the table, both by the United States and Eurozone leaders, and despite the outstanding support of Greek PM in… » read more

Posted by Dimitris Rapidis

  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

Yesterday, June 30, we had another stage of parody in the negotiations between Greece and Eurozone. President Junker re-issued the same set of proposals, calling for PM Tsipras to react on that. The Greek side got back with a new, huge bailout plan, on the grounds that a specific growth plan will be discussed and… » read more

Posted by Dimitris Rapidis

The Greek government is offering five months now concrete proposals and options on how to tackle the deep-rooted financial and structural problems of the Greek economy. These proposals regard the overcoming of fiscal deadlock, the negotiations over a debt relief agreement, and certainly the preparation of a growth plan that could address the devastating macroeconomic… » 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

Greek PM Tsipras was invited last Monday to participate in Saint Petersburg International Economic Forum, an annual meeting held under the auspices of the President of Russia Vladimir Putin aiming -mainly- at boosting Russia’s export capacity. The same day, Greece was invited to become the sixth member of BRICS’s New Development Bank (NDB). International and… » 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

In one of our latest posts we insisted on the huge and unbearable pressure exerted to the Greek economy and society by its creditors and political interlocutors in Eurozone. In this respect, we proposed a 3-year freeze of the country’s debt payment obligations. As the debate is stirred up and timeframes cannot be kept, there… » read more

Posted by Dimitris Rapidis