Dimitris Rapidis

Archives for Eurozone

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

    If you follow the news on Greece and Eurozone you certainly get puzzled by the amount of information stemming from different sources. Reports from Brussels, Athens, Washington and Berlin give you a sense of what is happening hour-per-hour in the country as if the entire world should and has to focus on Greece… » 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

  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