Austerity & Tax Reform in Greece

In response to the debt crisis, the Greek government implemented excessively high tax rates in an attempt to save the country from financial collapse. …

Raising barriers

The voting patterns of political parties in the national parliaments of Greece, Italy and Spain, and of their members of the European Parliament, show …

A new beginning – Greece after the elections

Unemployment peaked at 27.5%, more than 400,000 people emigrated in a single year, and the debt to GDP ratio reached 180%. The 2008 financial …

The parliamentary voting behaviour of populist parties in Greece

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 …

Greece needs institutional reform, starting with the public sector

The challenge for Greece is how to reduce taxes without lowering government revenue in a stagnant economy that is under tight fiscal monitoring by …

Would a Return to a National Currency without Institutions Work?

Part 3 of our Greek economy series. For Part 1 and Part 2 as well.
 
Some economists like Stiglitz claim that Greece should give …

Greece – the conundrum of currency and institutions

Part 2 of our Greek economy series. For Part 1, please click here.
 
The Institutional Problem Revealed through Global Indices
 
One could arguably …

Greece – the conundrum of currency and institutions

(Part 1)
 
It appears to many that Greece is a lost cause and a country that can maybe only survive outside the euro. …

Living on credit

November 30 marks Credit Day across the European Union. Credit Day is the day when member states’ central administrations exhaust their annual tax revenues …

False claims about the Eurozone from the Brexit camp

Diego Zuluaga // 01.03.2016
As the debate on British membership of the European Union gathers steam, the Eurozone is getting a fair amount of …

Spain’s unemployment problem – a taxing issue

Diego Zuluaga // 05.11.2015
One of the consequences of the Eurozone crisis has been to popularise the extremely high levels of unemployment now prevalent …

The key measure in the Greek crisis is political capital

Michael Iakovidis // 04.11.2015
The Greek crisis has cost taxpayers across Europe hundreds of billions of euros, compounded a huge recession which has plunged …