Karakousis

Despite the bickering, the suffering Greek economy managed to overcome the huge financial crisis, at a huge cost truth be told, and is prepared to make its steps for the next few years. Most underestimate the achievement of the primary surplus; some will not even recognize it. However, achieving it indicates the degree of consolidation […]

There are many who doubt the achievement of the primary surplus in 2013. They are the same people who react to the currently implemented restrictive financial policy and indiscriminately condemn every fiscal measure, whether it is the imposition of new taxes, or the restriction of expenses. It is one of the main contradiction of Greek […]

In spring 2012 the parties that supported the Papadimos government estimated that its time was up, that it gave everything it had to giver and that the continuation of the recovery program should be decided by the Greek people. The results of the elections on the 6th of May established new political circumstances in the […]

During this dark era of the great financial crisis, about 50,000 Greek children not only completed their studies, but they also managed to get their post graduate and doctoral titles, here or abroad. As we wrote in the Sunday edition of To Vima, between 2009 and 2013 Greece accumulated an incredible wealth of knowledge that […]

These days a guy of ours, one of those hopefuls that provide fiscal investment services around the world and had been working in Turkey for years, is attempting an important step. He is traveling to Tehran in order to discover the country’s economy and determine what sort of financial activity growth potential exits in the […]

The president of SYRIZA Alexis Tsipras has his eyes set on Europe lately. He recognizes the great importance of the upcoming European elections and feels a great honor that fellow leftist parties have appointed him as candidate for the European Council presidency, and is encouraged by the messages of unity from Italy, Spain, Portugal and […]

The Postbank case is rather distinct and special. Those who have closely followed the developments in the Greek banking market will know that the Postbank was largely considered as the classic example of a savings institution. Its main function was to collect the small accounts and savings of the people all over Greece, even in […]

2014 started rather well for Greece, thanks to the EU presidency and the positive comments from abroad and the markets, who have high expectations from the high-risk Greek bonds, in light of the favorable performance of the Irish and Portuguese bonds. That was during the first few days of 2014. Over the following days, Greek […]

The New Year wishes of the political leaders were typical and absolutely predictable. The Prime Minister and Vice President were optimistic, while the opposition leaders were more ambitious. Nobody, however, assumed the responsibility of clearly and stating the obvious to the suffering Greek people, without fear or passion; that the exit from the crisis will […]

2013 was a trying year for the Greek people and the entire country. The numbers confirm that the consequences of the crisis and the great fiscal and structural reform had a cumulative impact. The Greek people faced income cuts, increased taxes, an ongoing recession and a wealth of changes in the public and private sectors […]

In Greece we tend to focus on the individual cases and scenarios and end up losing ourselves in the minor details. What is missing from the public debate, or rather what is not being addressed, is the big picture. In seeking out this big picture, which in the current globalized context is defined by the […]

It is commonly accepted that the monumental mistake Giorgos Papandreou made after his victory in the 2009 elections was not recognizing the critical nature of the circumstances and insisted upon the implementation of his election campaign promises. Those who closely followed the events back then will know that the then Prime Minister repeatedly ignored the […]

The negotiations with the troika have been going on for two months and they don’t seem to end. As long as the negotiations are extended, the frustration both within and outside of the country will increase. The government is already being shaken, as the criticism mounts against the Prime Minister’s protégé and Minister of Finances […]