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Greece's finance minister, Gikas Hardouvelis, June 2014- Jan. 2015 under the Samaras administration, on how the crisis in Greece developed in 2014-2015
07/06/2015
Hardouvelis, a professor at the University of Piraeus in Greece, and finance minister during the last 18 months of the Samaras administration to Jan. 2015, describes how the crisis developed in 2014-2015- with the IMF seeking leverage for change in Greece, the mismanagement of the economy and negotiations by Tsipras and Syriza, and Syriza's focus on debt. He says debt is not an issue as it is easily serviceable at very low rates, a point made by Krugman in a column in April 2015, and that the economy was gradually recovering in 2014 with lower unemployment and prospects for growth. The European Commission shows in its May estimate for Greece a growth rate of 2.9% in Greece for 2016.
Grouped Articles
How to Undo the Damage in Greece
New York Times 07.06.2015
Cutting Greece Loose Might Be a Win-Win
Wall Street Journal 07.08.2015
IMF Warns Eurozone That Greece Needs Far More Debt Relief
Wall Street Journal 07.15.2015
Eurozone unemployment hits lowest level in eight years | Business | DW | 31.07.2017
DW.COM 07.31.2017
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