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Nine People Who Saw the Greek Crisis Coming Years Before Everyone Else Did
Bloomberg Business, July 15, 2015. All Rights Reserved. Although the problems in Greece didn’t begin making big headlines until 2009, a number of economists, politicians and professors spotted cracks in the European currency union as early as the 1990s. Among the nine listed here? Levy Institute scholars Wynne Godley, L. Randall Wray, Stephanie A. Kelton, and Mathew Forstater. Read more: […] -
Episode 75: Your Greece Bailout Explainer and the Coming Healthcare Revolution
The American Prospect, July 14, 2015. All Rights Reserved. Good evening, podcast listeners! We’ve got a great episode for you this week as Richard Aldous speaks with his Bard colleague Pavlina Tcherneva about the recently announced deal with Greece before discussing the promise of disruptive new healthcare technologies with Philip Auerswald…. Full audio of the […] -
Antonopoulos: Greece “Back in Serious Recession” despite Rescue
BBC News, July 13, 2015. All Rights Reserved. Greece’s economy will contract a further 3%, Athens minister Rania Antonopoulos has told me in a BBC interview. The alternate minister for combating unemployment, who was a professional economist, said that the combination of the closure of the banks and austerity measures being forced on the country […] -
Greece Is Committed to Staying in Euro Zone: Antonopoulos
Bloomberg Business, July 10, 2015. All Rights Reserved. Ahead of Greek PM Alex Tsipras’s meeting with eurozone finance ministers on July 11, Syriza MP and Levy Institute economist Rania Antonopoulos expressed confidence that a "mutually beneficial" agreement between Greece and its creditors would be put in place within the week, and stated that the government’s […] -
Greece Is Committed to Staying in Euro Zone: Antonopoulos
Levy economist and Syriza MP Rania Antonopoulos is interviewed ahead of Brussels Group talks. -
BlogPapadimitriou on Making an Example of Greece (Audio)
From Athens, Dimitri Papadimitriou spoke with Ian Masters about Tuesday’s emergency meeting in Brussels (attended by Greece’s new finance minister) and the country’s prospects going forward. Papadimitriou touched on both the economic and political facets of the crisis, and discussed the idea that Greece is being “taught a lesson” as a demonstration to the rest of the eurozone [...] -
Levy’s Papadimitriou on Narrowing Options for Greece
Bloomberg Radio, July 8, 2015. All Rights Reserved. Dimitri Papadimitriou talks to Kathleen Hays about anti-left sentiment in the eurozone, the possibility of a Grexit, and Greece’s strategic value, as the deadline for submitting a new reform proposal to its creditors approaches. Full audio of the interview is available here. -
Negotiations between the Greek and European Finance Ministers Go Nowhere
Background Briefing with Ian Masters, July 7, 2015. All Rights Reserved. From Athens, Greece, Levy President Dimitri B. Papadimitriou provides an update on emergency negotiations between the new Greek finance minister and his European counterparts, amid warnings by German Chancellor Angela Merkel that “it is no longer about weeks, but a matter of days” before […] -
Blog
Euro Union – Quo Vadis?
This week a slow-motion train wreck hit the wall in Europe. Greece’s Syriza government came to power earlier this year on a mandate to keep Greece in the euro but end austerity. It was clear from the start that this project could only work out if Greece’s euro partners finally acknowledged that their austerity policies [...] -
Working Paper No. 840The Effects of a Euro Exit on Growth, Employment, and Wages
A technical analysis shows that the doomsayers who support the euro at all costs and those who naively theorize that a single currency is the root of all evil are both wrong. A euro exit could be a way of getting back to growth, but at the same time it would entail serious risks, especially […] -
Greece Defaults on IMF
RT, July 2, 2015. All Rights Reserved. Research Associate Pavlina R. Tcherneva outlines the conditions that would encourage Greece to accept a bailout offer and provides her take on the government’s debt reconstruction deal. Video of the interview is available here (3:35): http://rt.com/shows/boom-bust/271168-greece-defaults-imf-creditors/ -
Blog
Why Greece’s Budget and Debt Restructuring Discussions Need to Be Tied Together
Pavlina Tcherneva spoke to RT’s Erin Ade yesterday on Greece’s impossible situation: [iframe width=”427″ height=”255″ src=”https://www.youtube.com/embed/1FUcBvaHdik?;start=210″ frameborder=”0″ allowfullscreen></iframe]