Refugees will Repay EU Spending Twice over in Five Years
A report by European Commission President’s former advisor Philippe Legrain suggests that the European economy will highly benefit by the refugees as the rising public debt will be offset by…
A report by European Commission President’s former advisor Philippe Legrain suggests that the European economy will highly benefit by the refugees as the rising public debt will be offset by…
“It takes a passionate disregard for the truth to suggest that Greece is recovering.” That was my verdict last December upon being asked to comment on Greece’s rumoured recovery. Almost…
According to economists of the Bruegel think tank, the current plans being discussed for Greece to return to the markets are likely to be far too optimistic. Instead the authors…
The Levy Economics Institute of Bard College has released a report on the Greek economy with damning conclusions for the troika mandated policies of austerity which have been a ‘spectacular…
The OECD΄s forecast of 0.4% contraction contrasts with the Greek government΄s prediction of 0.6% growth in 2014. The OECD also said the recession in Greece had been "much deeper than…
The Greek economy contracted by 6.4 per cent in 2012, according to figures released by ELSTAT, the Greek statistics authority.