Dimitris Rapidis

Archives for Grexit

  Austerity politics have always been considered as a strong remedy against macroeconomic instability and a pathway towards consolidating public finances. In a global context, austerity politics have almost always been accompanied with bailout plans and foreign assistance -i.e. loans- that have been provided by other member-states -i.e. member-states of the IMF- or by private… » read more

Posted by Dimitris Rapidis

Recent data from Greece’s central government has showed a primary surplus for the first seven months of this year. This is the first time this development appears in debt-ridden Greece since 2010 and the first rescue package of the Greek economy. The government lies on that argument for the negotiations with troika in order to… » read more

Posted by Dimitris Rapidis

It is a common belief in sciences, politics and economics, and definitely in decision-making, that when you do not know where you head on, the most possible outcome is that you will take the worse decision. This is the way austerity politics are paving, and especially, this is the way the European Union has chosen… » read more

Posted by Dimitris Rapidis

The unusual German Elections

The electoral debate in Germany is overly developed around the Greek issue and the fate of Greece inside or outside Eurozone, the consolidation program, the possible haircut or the additional aid program and a new Memorandum of Agreement with the troika. I am really surprised by the fact that German candidates are so into the… » read more

Posted by Dimitris Rapidis

The Greek government is lately endeavoring to establish an environment of optimism, exploiting the sense of the latest reports of the troika. Is there any momentum, or daily and economic developments that justify this wave of optimism? Facts show the opposite, but are all those who believe the opposite biased and prejudiced?

Posted by Dimitris Rapidis

The local services of the Public Insurance System of Greece -known as IKA– have been suffocated during the last weeks by thousands of people waiting for hours in the queues in order to submit their complaints, mostly for payment delays and renewals of health booklets. Old people, but also youngsters and middle-aged employees or unemployed… » read more

Posted by Dimitris Rapidis

One year ago, when the German Minister of Finance Mr. Philipp Rösler visited Athens along with a group of entrepreneurs from his homeland there was hope and positive signs for investments in photovoltaic parks that would stoke Europe with solar energy, as well as for other less or more impressive investment plans. Similar were the… » read more

Posted by Dimitris Rapidis

On September, 19 the French President François Hollande paid a visit in Athens, Greece, and had protocol discussions with the troika of coalition government and the President of the Republic Mr. Karolos Papoulias. Accidentally, this day the mass media were on strike and unfortunately the only coverage made was by the public television, where the… » read more

Posted by Dimitris Rapidis

The Greek public sector has been on the center of the cyclone now that austerity politics are aimed to sweep over the remnants of a gigantic and non-prolific bureaucracy. But the way of doing so -i.e. to mind the gap between the width of the public service, the wages, and the efficiency rate- has ended… » read more

Posted by Dimitris Rapidis