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All items tagged GreeceOpen Think Tank ArticlesFebruary 17, 2010 | The Euro's Final Countdown?Sylvester Eijffinger and Edin Mujagic: The euro is currently dividing the euro zone more than uniting it. The “One size fits all” policy increased tensions both internally with inflation and externally as a rebuffed currency. The 10 year-old euro is far from holding its promises. ... MoreFebruary 12, 2010 | Is Greece the New Lehman Brothers?Joerg Wolf: How should the euro zone members deal with the PIIGS? Portugal, Ireland, Italy, Greece and Spain have big budget deficits and other economic problems that lead to speculation against the euro. How serious is it? What should be done? ... MoreDecember 8, 2009 | A Big Fat Greek Financial WeddingC. Fahrholz & A. Kern: Greece’s stated intent of selling treasury bonds solely to foreign investors, as a means to push through fiscal reforms, could result in a full-blown drama, at the expense of European taxpayers. Greece is taking this bet, under the assumption that the IMF and the Euro area will come to its rescue. ... MoreSeptember 2, 2009 | EU and Turkey to Mediate Balkan TensionsMemo 18: More than a decade after the Dayton Agreement West Balkan countries are fighting over EU membership and against the resurgence of nationalist forces. These factors presently contribute to the emergence of renewed conflict potential. The European Union and Turkey have a key role to play as mediators. ... MoreAugust 7, 2009 | How Will Europe Protect Itself Against the Nationalist Virus?Wolfgang Stock: Slovenia and Greece are currently preventing Croatia and Macedonia, two politically and economically stable countries, from entering the European Union. This blockade is unjustified and a violation against the highest principles of the EU. Brussels must cease from its indifference and act on this. ... MoreAugust 6, 2009 | The Blocked BlocTomislav Marsic : The recent Slovenian veto to an advancement of EU accession negotiations with Croatia accompanied by Greek efforts to constrain any EU-Macedonian rapprochement have deeply altered the inter-state relations of all involved. European solidarity and long-term strategic thinking are crucial to repairing the increasingly fragile bonds. ... MoreApril 30, 2008 | Gazprom Hardens Its Grip on EuropeMarek Swierczynski: Greece and Russia signed an agreement to build the southern branch of the South Stream natural gas pipeline. President Putin’s last victory hardens Gazprom’s grip on Europe and makes any energy diversification projects more difficult. Unless the EU looks at the map and acts. ... MoreMarch 7, 2008 | NATO Enlargement and Alliance PrinciplesDora Bakoyannis: Greece supports the enlargement of NATO in the Western Balkans with the invitations to Croatia and Albania, but the Former Yugoslav Republic of Macedonia’s “intransigeant stance and its actions of an irredentist and nationalistic logic” are unacceptable. ... MoreDecember 5, 2007 | "Thessaloniki 2": European Incentives for the Western BalkansAlexandros P. Mallias: A clear prospect of EU membership is the most effective tool in helping countries of the western Balkans overcome their current challenges. Mallias presents a new strategic agenda for the western Balkans building on the Thessaloniki Agenda of 2003. ... MoreGlobal Must Read ArticlesMarch 4, 2010 | Helping Greece: Reason Over WrathThe Greek deficit revealed two major flaws in the European integration machine: firstly the sheer absence of a budget deficit watchdog and secondly the lack of either support or sanction if one member state eventually goes bankrupt. ++ Germany, having sacrificed much to the Euro’s implementation, is right to be angry. ++ But rationality should overcome wrath, for the cost of inaction might be ... MoreFebruary 18, 2010 | Why Bailing Out Greece is Not DebatableUnlike the US, the EU is not a federal union and therefore cannot afford to bail out one of its members. ++ Comming to the aid of individual members of the currency union is simply forbidden. ++ The ongoing debate about the possible Greek bail out plan is not relevant. ++ From the starting point, the eurozone was neither economically efficient for all members nor sustainable in the long run when ... MoreFebruary 15, 2010 | Eurozone: One Size Does Not Fit AllSpanish and Greek deficits are a godsend for advocators of fiscal discipline. ++ This is just one aspect of the problem. ++ European elites are being blamed for ignoring signs that proved Europe was not ready for one currency. ++ The inflexibility of the Euro is preventing the Spanish economy for instance, from recovering. ++ The breakup of the Euro is neither likely nor feasible. ++ The ... MoreMarch 24, 2009 | Realism Still Carries the DayThe election of President Obama created hope that realism will cease to determine US foreign policy. ++ But the changing attitude of Obama towards the Armenian genocide prioritizes American-Turkish relations—and American national interest—over human rights and international justice. ++ The emphasis on the strategic interest reveals that it would be “naive” for the Greek ... MoreMarch 13, 2009 | Social Cohesion Depends on Functioning EconomiesThe December 2008 events in Greece were spurred by the shooting of a teenager by the police, yet have deeper roots in the dismal social, economic and political conditions in which the Greek youth finds itself. ++ As the financial crisis challenges what people take for granted, increased crime rates and illegal migration make the ground fertile for social unrest. ++ If the current situation ... MoreDecember 15, 2008 | "Why Greece Is in Turmoil"The riots in Greece are rooted in young people’s dissatisfaction with government policy. ++ Low wages, high prices and fear of unemployment are causing concern. ++ New Democracy and PASOK, which have ruled Greece for the past 34 years, cannot offer solutions. ++ Leftist parties “could be the ones to pick up the pieces.” ++ However, as they “pick up the scent of power” ... MoreJune 3, 2008 | Gridlock Persists in Macedonian Name GameCompromise has yet to be reached on the issue of Macedonia’s official name and national identity, as Greece recently blocked the country from joining NATO, out of fears that a recognized Macedonian nation state would mobilize separatist sentiment among Greece’s Macedonian minority. ++ A weakened Macedonian position would in turn activate Albanian and Bulgarian minority claims and destabilize that ... MoreCommentsAugust 12, 2009 | Dear Dr. Efthymiopoulos, may I answer on a... |
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