Greece
Economy
4 More Decades of Austerity Await Greece, US Economist Warns
Instead of providing stimulus for growth to Greece, its European creditors are forcing the country into renewed austerity that will last four decades, a US economist says.
Writing in the Washington Post, Matt O'Brien, former senior associate editor at the...
Economy
Economist Intelligence Unit: Greece Likely to Leave Eurozone in Medium Term
"Greece is more likely to leave the Eurozone in the medium term rather than continue to be a member," says an Economist Intelligence Unit (EIU) report.
EIU is a British business within the Economist Group that provides economic forecasts and...
Economy
Economist Predicts: In 2029, Greeks will Return to 2009 Incomes
Greeks will have to wait until 2029 so that their incomes return to the 2009 level, predicted economist Panagiotis Petrakis, during the presentation of the Economic Chamber of Greece annual report.
If everything goes well, we will have to wait until...
Greece
Prominent Economist, Author Costas Vergopoulos Passes Away at 75
Renowned economist and writer Costas Vergopoulos passed away on Thursday in Paris after a short hospitalization for hematoma in the head. He was 75.
Born in Athens in 1942, Vergopoulos studied Law at the University of Athens and Economic Sciences...
Art
Angry Street Art is Making Athens Hip, Says the Economist
The British magazine Economist says that anti-austerity artists are impressing the tourists in Athens with their imaginative street art and graffiti on buildings.
Much of the graffiti scrawled or stencilled on empty buildings and shuttered shop fronts has a resentful tone....
Economy
"Clarity" on Greece's Debt Still Not that Clear: The Economist Conference (Videos)
Representatives of the Greek government, the Institutions and private investors all agreed that clarity is essential for Greece's economic recovery; however the term seems to be having different meanings according to who is using it. The only thing that's clear...
Economy
Economist: Grexit Scenario All Too Real
Five years after the emergence of the Grexit scenario, the fear of Greece leaving the euro zone is all too real, Economist magazine says.
The sustainability of the Greek debt does not guarantee that Greece will stay in the monetary...
Economy
Need for Ground Rules, Reining in Markets and Neoliberalism, Economist Krugman Says
“Neoliberalism can mean many things, but if it means letting markets reign without restrains is always the answer then I’m also against neoliberalism,” Paul Krugman, Nobel Laureate, economist, said in an interview with the Athens-Macedonian News Agency.
The economist and...
Economy
Greece Better Off Outside Euro Zone, Nobel Prized Economist Says
It would be better for Greece to leave the euro zone, said Nobel Prize winner economist Paul Krugman while in Athens.
The renowned economist, who is also a New York Times columnist, is one of the panelists in the Athens...
Economy
Leading Economists and Politicians to Attend 4th Athens Democracy Forum from September 14-18
Is democracy good for business? Is liberal democracy compatible with religion? Should the major institutions of global governance be reformed, or scrapped? Do terrorist attacks justify giving greater powers to security forces? These and many more questions will be...
Business
Athens Democracy Forum to Bring Together Business Leaders, Leading Economists and Academics
The Athens Democracy Forum being organized by The New York Times is set to bring together some of the most prominent speakers that are leading the way in their respected fields.
Business Leaders, statesman, economists and academics are all preparing...
Economy
U.S. Economist Galbraith Explains Varoufakis' Plan B for Greece
American economist James Galbraith explains in his latest book the Plan B for Greece that was drafted last year by former Greek finance minister Yanis Varoufakis in the event bailout negotiations failed.
In his book, "Welcome to the Poisoned Chalice:...
Economy
ECB 'Hasn’t Reached Lower Bound' On Rates and Absence of a Banking Union Blocks Greek Debt Restructuring Says Its Chief Economist
The European Central Bank “hasn’t reached lower bound” on rates, said Executive Central Bank’s chief economist and Member of Its Executive Board Peter Praet in an interview with La Repubblica published today.
This statements comes a week after ECB president...
Economy
America's Hottest Economist Says 'Sooner or Later Greece Will Leave EU/IMF Arrangement Because It Simply Isn’t Workable'
One of the ongoing debates both among economists and policymakers is over the failure of the Greek bailout programs. Why is Greece still in a deep recession six years after it got shut out of global private credit markets...
Economy
Nobel Prize-winning Economist Paul Krugman Says He Sees No Progress on Greek Debt Crisis
Nobel Prize Winner and Op-Ed Columnist for The New York Times, Paul Krugman, said in an extended interview he granted yesterday to Business Insider that he does not feel optimistic about Europe and sees no progress on the Greek...