Author Archives: Vasilis

About Vasilis

I am an econometrician and I am interested in contemporary issues in economics and politics, as well as history, related to Europe with emphasis to Greece. You can follow me at https://vasilissarafidis.wordpress.com/

Public Debt: reflections on the period 2012-2017

SUMMARY In this article, I compare the restructuring of the Greek debt that took place in 2012 to the short-term relief measures, as confirmed in the Eurogroup of December 2016. On the one hand, in 2012 it was the nominal … Continue reading

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A national currency will not help Greece regain economic sovereignty

The Greek version of the article appeared in Capital.gr on June 20, 2018. SUMMARY In this article I explain why the return to a national currency is not going to remove the constraints that Greece currently faces regarding the formulation of … Continue reading

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Greek emigration: betrayal or solution of last resort?

The Greek version of the article appeared in Capital.gr on June 20, 2018. I feel the need to publicly express my opposition to Mr Kazakos’ (and others’) view that “the fact that Greek young people emigrate –instead of staying back and … Continue reading

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Why we should not rush back to capital markets

The Greek version of the article appeared on Capital.gr on May 10, 2017. SUMMARY In theory, a return to private capital markets is an indication that the economy has returned to normality. On the other hand, such a development automatically entails … Continue reading

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The present value of the Greek debt as a basis for negotiation for larger fiscal space

The Greek version of the article appeared in Capital.gr on June 1, 2017. SUMMARY Due to the debt restructuring that took place in 2012 with the PSI/OSI, the present value of Greece’s debt is much lower than its nominal debt. The abovementioned fact … Continue reading

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