Debt crisis
Analysis: Greek bonds snapping at heels of southern Europe’s best in class
Greece is heading into an election weekend with its public debt trading near the levels enjoyed by first-class peripheral countries, a decade after a debt crisis forced a dramatic reshaping of its borrowing.
The priorities the next government must set for the economy
The Greek economy has made significant progress since the previous decade's major debt crisis, which was the result of reckless fiscal policy and loss of competitiveness.
Past austerity haunts Greek election as voters struggle with living costs
Fourteen years after a debt crisis that saw Greece nearly crash out of the euro, single parent Niki Klaoudatou says she worries more about money now than she did during the worst years of the country's economic meltdown.
If similar measures had been taken in France…
When Athens' Syntagma Square was the center of violent mass protests at the height of Greece's debt crisis, many European journalists, officials and analysts were visiting the city. We had become, literally and figuratively, the "hottest" spot in Europe.
- Read more about If similar measures had been taken in France…
- Log in to post comments
Lost generations and obsessions
From 2008 onward, the international system has seen a number of crises blow up: credit, financial and fiscal crises that were followed by the migration crisis and the exacerbation of several geopolitical crises.
- Read more about Lost generations and obsessions
- Log in to post comments
Privatisation agency chief to step down
The chairman of Greece's privatisation agency will step down later this week after his three-year term came to an end last month, the agency said on Monday.
Aris Xenofos, who took on the job in 2017, has overseen a number of major privatisations, including extending a concession for the operation of Greece's largest airport, Athens International Airport.
- Read more about Privatisation agency chief to step down
- Log in to post comments
Greece said to delay asset sales as coronavirus impact hits prices
Greece will raise only a fraction of what it initially expected from privatizations this year, as the coronavirus downturn has forced it to put planned asset sales on hold to avoid low offers.
Greek economy expected to shrink by 5-10 pct this year, says finance minister
The Greek economy, hit by coronavirus restrictions, is expected to shrink by 5-10 percent this year, the country's finance minister said on Saturday.
"It seems we have been settling at a range of between 5 and 10 percentage points," Finance Minister Christos Staikouras told Open television station.
Pandemic won’t cause euro debt crisis, but a North-South divide
Eurozone government debt will surge this year on the coronavirus pandemic, but while another debt crisis is unlikely, large differences in indebtedness as countries emerge from the downturn could seriously test their unity.
Editorial: Europe hostage to its values
We are living in an historic era.
The world is experiencing the greatest crisis since WWII.
The total freezing of the global economy and social life is a phenomenon that is historically unique.
The projections of analysts, economists, and international organisations point to an horrific landscape the day after the pandemic.
- Read more about Editorial: Europe hostage to its values
- Log in to post comments