The newly released Misery Index, compiled by the Instituto Juan de Mariana, provides a detailed analysis of economic hardship across the European Union, focusing on unemployment and inflation as its key indicators.
Timbro’s methodological distinction in the Authoritarian Populism Index between extreme and authoritarian populist parties is highly relevant in the Greek political environment, as shown by the parliamentary voting patterns in the period 2012 – 2018.
The challenge for Greece is how to reduce taxes without lowering government revenue in a stagnant economy that is under tight fiscal monitoring by its lenders.
The Greek crisis has cost taxpayers across Europe hundreds of billions of euros, compounded a huge recession which has plunged the country into vast unemployment and strangled the Greek private sector by burdening it with incredible amounts of taxation.