Category Archives: English

How FYROM Became a Victim of its Own Aggression

SUMMARY The present article challenges the false, albeit fairly common view that casts Greece as an obstinate aggressor and FYROM as an underdog and a victim.  Instead, the article argues that FYROM has been a victim of its own aggression, … Continue reading

Posted in English | Tagged | Leave a comment

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

Posted in English | Leave a comment

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

Posted in English | Leave a comment

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

Posted in English | Tagged | Leave a comment

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

Posted in English | Tagged | Leave a comment