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Journal Article
Mediterranean Quarterly (2016) 27 (1): 30–54.
Published: 01 March 2016
.... He served as chief of the Greek Radio and TV Service of the Voice of America for thirty years. Copyright 2016 by Mediterranean Affairs, Inc. 2016 SYRIZA austerity Greece eurozone From Karamanlis to Tsipras: The Greek Debt Crisis through Historical and Political Perspectives...
Journal Article
Mediterranean Quarterly (2010) 21 (4): 38–54.
Published: 01 December 2010
...Nikolaos Zahariadis Contrary to the view of most analysts, Nikolaos Zahariadis argues that Greece's debt crisis is a European Union shortcoming with national and global dimensions. This does not mean that Greece's profligate spending does not play a major role in this tragedy. Zahariadis states...
Journal Article
Mediterranean Quarterly (2014) 25 (3): 74–98.
Published: 01 September 2014
... interests from abroad. This lack of meaningful dialogue is the product of an environment of disrespect for objective reporting, a surrender to cultural stereotyping, and a sense of hopelessness among the population, all of which are made more destructive by the overwhelming burden of debt. The roots...
Journal Article
Mediterranean Quarterly (2015) 26 (3): 18–28.
Published: 01 September 2015
... government pledged to end austerity, reverse privatization, and reforms and to achieve at least partial debt forgiveness. A Greek departure from the eurozone was possible. A Greece adrift would leave it vulnerable to the blandishments of Russia, China, and other parties. Should such a shift occur, it would...
Journal Article
Mediterranean Quarterly (2010) 21 (4): 77–92.
Published: 01 December 2010
... parties, the changing demographic of its support base, the ideological collapse of the Soviet Union, the adoption of the Maastricht convergence agenda, and the rise of a debt-infused consumer culture has meant death. Mediterranean Affairs, Inc. 2010 Petros Vamvakas is assistant professor...
Journal Article
Mediterranean Quarterly (2016) 27 (1): 55–70.
Published: 01 March 2016
...., “The Greek Tragedy,” special issue, CESifo Forum (June 2015): 5 – 35, www.cesifo-­group.de/sinn -­2015-­greek-­tragedy-­pdf; Julian Schumacher and Beatrice Weder di Mauro, “Diagnosing Greek Debt Sustainability: Why Is It So Hard?” Brookings Papers on Economic Activity (Washington, DC: Brookings...
Journal Article
Mediterranean Quarterly (2018) 29 (1): 120–123.
Published: 01 March 2018
... dramatic chapter in the sovereign debt saga that has engulfed Greece since 2008. The former minister’s chronicle is based on his recollections, notes he kept during official meetings, conver- sations with various participants, “corroboration of other witnesses,” as well as “audio recordings that [he...
Journal Article
Mediterranean Quarterly (2015) 26 (3): 5–17.
Published: 01 September 2015
..., Schäuble’s efforts to devise a solution to the eurozone crisis according to mathematical calcula- tions relating to percentages of debt to gross domestic product (GDP) or allo- cation of primary surpluses (what to do with the amount Greece earns over its expenditures once interest on its debt has been...
Journal Article
Mediterranean Quarterly (2011) 22 (2): 31–44.
Published: 01 June 2011
.... Sharma: Not an Exceptional Country  33 accumulated a collective debt to foreign banks or in foreign currencies of more than $1 trillion.7 The biggest lenders were Western European banks, in particular, Austrian and Italian banks.8 However, since much of these borrowed funds went...
Journal Article
Mediterranean Quarterly (2014) 25 (4): 141–144.
Published: 01 December 2014
... K. Fouskas and Constantine Dimoulas: Greece, Financialization, and the EU. New York: Palgrave Macmillan, 2013. 272 Pages. ISBN 978-­1-­137-­273444. $81. Reviewed by Nikolaos Zahariadis. Although the Greek sovereign debt crisis has received considerable attention, it has nevertheless yielded...
Journal Article
Mediterranean Quarterly (2014) 25 (4): 144–146.
Published: 01 December 2014
... K. Fouskas and Constantine Dimoulas: Greece, Financialization, and the EU. New York: Palgrave Macmillan, 2013. 272 Pages. ISBN 978-­1-­137-­273444. $81. Reviewed by Nikolaos Zahariadis. Although the Greek sovereign debt crisis has received considerable attention, it has nevertheless yielded...
Journal Article
Mediterranean Quarterly (2014) 25 (4): 147–150.
Published: 01 December 2014
.... Reviews  147 Vassilis K. Fouskas and Constantine Dimoulas: Greece, Financialization, and the EU. New York: Palgrave Macmillan, 2013. 272 Pages. ISBN 978-­1-­137-­273444. $81. Reviewed by Nikolaos Zahariadis. Although the Greek sovereign debt crisis has received considerable attention, it has...
Journal Article
Mediterranean Quarterly (2010) 21 (4): 1–6.
Published: 01 December 2010
... sovereign debt crisis in 2010 highlighted these problems even more starkly. The case of Greece — ­which accounts for just 2 percent of Europe’s gross domestic product (GDP) — ­demonstrated how financial markets can destabilize entire economies if safety nets are not in place. Although Greece is now...
Journal Article
Mediterranean Quarterly (2013) 24 (3): 56–73.
Published: 01 September 2013
... enthusiasm of Britain, whose age-­old policy of “divide and rule” had served its foreign interest for decades. While the economic problems of this small island economy in the eastern Mediterranean have paralleled its rollercoaster political problems, until the present banking and sovereign debt crisis...
Journal Article
Mediterranean Quarterly (2015) 26 (3): 1–4.
Published: 01 September 2015
... debt holders — primarily the German government — to renegoti- ate more favorable terms. Indeed, speaking at the Brookings Institution in Washington on 16 April 2015, Varoufakis observed the dire situation in his country with tongue-in-­ cheek:­ The Greek public and private sectors...
Journal Article
Mediterranean Quarterly (2014) 25 (3): 52–73.
Published: 01 September 2014
... crisis of 2008 that negatively affected the eurozone. Rather, what the EU sovereign debt has revealed in many cases are the profound inefficiencies of the European politi- cal elites, especially in Southern Europe. For example, in Greece the politi- cal system remains bipolar, divided between...
Journal Article
Mediterranean Quarterly (2011) 22 (2): 76–83.
Published: 01 June 2011
... Thomas, and Nelson D. Schwartz, “Wall Street Helped to Mask Debt Fueling Europe’s Crisis,” New York Times, 13 February 2010; Beat Balzli, “How Goldman Sachs Helped Greece to Mask Its True Debt,” Der Spiegel International, 8 February 2010. 6. See Nikolaos A. Stavrou, “The Logic in the Art...
Journal Article
Mediterranean Quarterly (2017) 28 (3): 131–133.
Published: 01 September 2017
...Danijela Dudley Review Aris Trantidis: Clientelism and Economic Policy: Greece and the Crisis. London: Routledge, Taylor and Francis, 2016. 256 pages. ISBN 978-­1-­138-­10140-­1. $145.00 (hardcover). Reviewed by Danijela Dudley. The outbreak of the Greek sovereign debt crisis...
Journal Article
Mediterranean Quarterly (2001) 12 (4): 27–32.
Published: 01 December 2001
... hunger—for the average person in Africa. The task force should submit a country-by-country analysis as well as a regional analysis about the problems and challenges and what the United States should be doing regarding Africa. Debt relief must be addressed. I...
Journal Article
Mediterranean Quarterly (2011) 22 (4): 46–61.
Published: 01 December 2011
...- nomic and fiscal problems. Looking at the debt and deficit/gross domestic product (GDP) ratios, over 13 percent deficit/GDP and 113 percent debt/GDP, at the outset of the current crisis, one sees they changed only little from the day Andreas Papandreou left his first prime ministership in 1989...