The spring meetings of the International Monetary Fund and The World Bank have been kicked off in Washington DC. During these meetings, the Greek government is hoping that there might be some positive developments regarding its efforts to begin the political discussions with its European lenders and the IMF about an essential debt relief which…

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Last week’s attacks on Brussels exacerbate already existing tensions over freedom of movement and deepening integration. Thanos Dimadis contends that we should think twice before giving in to our fears. Thanos Dimadis is a news correspondent in Washington DC for the biggest media organization in Greece, ALPHA TV. He was previously a correspondent in Brussels.…

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In a few days, my flight is scheduled to return to Greece. It’ll be a short trip for a couple of weeks to see my relatives and friends there that I haven’t seen since last November. It was then that I decided to leave my homeland in Athens for a second time in my recent…

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While the European project is struggling to remain afloat through the destructive, vicious circle of austerity and dogmatic monetary policy choices that have been made over the last five years in the euro zone, the United States seems to be overcoming the crisis started in 2008 by following the opposite approach from Europe. Although the…

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Since 2010, when it was excluded from the markets, Greece has lost most of its sovereignty by surrendering unconditionally to its lenders the power of taking important decisions about its future. As a result, the Greek governments, including the current one, became accountable not to the people that they were voted in by, but to…

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Having recently had a most interesting interview with the European Commission’s president, José Manuel Barroso, I realized how much Europe struggles to tackle contradictory interests and views in a unified framework of solidarity among European members’ states. What I noticed then was that the word “solidarity” was mentioned several times by Barroso while we were…

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The U.S. president’s reelection in November seems to be more and more uncertain as the financial storm in Europe continues to devastate people’s and the markets’ hopes that European leaders will finally find a way to put an end to the current eurozone drama. Although the constant calls made from U.S. President Barack Obama, Treasury…

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Last week, Greece’s European neighbors and the IMF made their decision which has been breathlessly anticipated by the Greek people living with the looming specter of a national economic crisis. According to this decision, Greece will be supported with a new rescue package of 130 billion euros that buys the nation time to comply with…

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Certain analysts have claimed that Greece does not deserve the new financial support provided by its European partners and the International Monetary Fund. Some say that the country has not done as much as it had to do in terms of reducing the deficit, putting its fiscal house in order and becoming more competitive. Others…

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Everything has to do with politics. Every country is governed by politicians; any economy runs based on political decisions; our own future is defined by the choices of those leaders who we have elected. As I have pointed out in the past, the crisis that Greece is experiencing today is ultimately a political one and…

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Christine Lagarde’s appearance in her first press briefing as the new IMF head created reasonably high expectations about the new promising prospects she opens for the requisite restoration of the organization’s image. The unprecedented arrest of Dominique Strauss Kahn deprived IMF’s staff of his beneficial ability to lead the Fund coherently and collectively. This fact…

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In his recent story, titled “ Obama’s Partner in Athens“, the respectful Brookings Institution’s managing director, Mr. William J. Antholis tried — among other things — to persuade us that George Papandreou is probably the “Barack Obama of Greece”. I would definitely say, “no, he is not”. Although the two leaders’ political interests are crossing…

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