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In a rare move European Commission President Jean Claude Juncker held a press conference today on GREXIT. Juncker began the conference by informing EU citizens that for the last five months he has been working in the direct process of negotiations, “sometimes day and sometimes night. ”   Juncker then affirmed his commitment to keep Greece… » read more

  Posted by EU vs. US

The Greek government is offering five months now concrete proposals and options on how to tackle the deep-rooted financial and structural problems of the Greek economy. These proposals regard the overcoming of fiscal deadlock, the negotiations over a debt relief agreement, and certainly the preparation of a growth plan that could address the devastating macroeconomic… » read more

  Posted by Dimitris Rapidis

« On n’a jamais autant entendu parler de l’Europe. » Voilà une petite phrase qui revient bien souvent dans les conversations. Effectivement on aborde le sujet européen d’une nouvelle façon. L’Europe préoccupe bien plus qu’il y a encore une année, même au plus fort de la campagne pour les élections européennes. Alors que s’est il passé depuis… » read more

  Posted by Morucci Europe Blog

Varoufakis uses a good argument in the wrong way. He wants Greece to relax its government budget, using other countries’s money. The opposition to this strategy has little to do with being Keynesian or not. The Greek Finance minister Yiannis Varoufakis has spent the last years trying to convince the public opinion that the Troika’s… » read more

  Posted by Brainstorm on Politics and Economics of the EU

“Tailwinds support the recovery”, proudly stated the European Commission’s Spring 2015 Economic Forecast. Even without reading the full report, one gains a general sense of the predictions for each country just by reading the title of each chapter. For example, if you find yourself in a conversation discussing economic progress in Estonia, you can get… » read more

  Posted by The Euro Economy

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

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