Spotlight on Geopolitics

Archives for Greece

A Bad Case of Ottomanism

When the AKP Islamic Party came to power in Turkey at the turn of the century, the event was saluted by many specialists as a victory for political Islam. For an entire decade, Turkey became a model of Islamic democracy envied by many in the Arab world. The 2011 revolutions were ignited by the hope… » read more

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After three years of inhaling the diesel fumes of Paris, I have had the chance to spend a few weeks in Metsovo, in northern Greece. Known to the Greeks and the Bulgarians as Vlachs and to the rest of the Europeans as Aromanians, the Latin dialect-speaking community of Metsovo are a warm and welcoming lot… » read more

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In Wolfgang Schaeuble’s Germano-centric EU, no institution is more important – apart from his Politburo-like Eurogroup and the Office of the Chancellor – than his Ministry’s Council of Economic Advisers. The most influential adviser among them is Professor Hans-Werner Sinn from Munich, a Christian missionary-manqué turned tele-economist. Like any good German, Professor Sinn has but… » read more

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My views on Grexit

With protracted negotiations still going on in Brussels, I would like to provide my readers with an opinion I have expressed in February this year, in an email exchange with my younger Blogactiv colleague Dimitri Rapidis from Athens. I still consider today that the total absence of a Plan B has severely weakened the position… » read more

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How much more money can be poured into solving the debt crisis before European decisionmakers realise that current recovery strategies do not actually produce the expected results ? The global financial crisis followed by the European debt crisis are proof of an American export turned toxic, namely the Washington consensus. Its commandments, which consist of… » read more

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As the European holiday season draws to a close, I suspect that many EU leaders are loath to return to work. A lack of appetite, given the current economic context, would be perfectly justified. Leading economists on both sides of the Atlantic have noticed that neither austerity measures (the EU’s case) nor monetarist remedies (the… » read more

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Before the G20 meeting in Cannes, the unthinkable happened. To the utter surprise of EU and G20 leaders alike, Greek prime minister George Papandreou dropped the bombshell announcement about the referendum on the bailout package. Stock prices plummeted, the G20 agenda was undermined, and the leaders who had been working to save Greece from default… » read more

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As a general rule, with the exception of Russia and China, few developed countries have a geo-economic agenda of their own. This, after all, is the task of multinational or global corporations. The latter can benefit from logistical state support, but to a much more limited extent than in the past. The situation is somewhat… » read more

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Postcard from Northern Greece

I have ended my working summer season back where I had started from, in Macedonia (northern Greece), with a three-week stint at the 5-star Mediterranean Village, 2 km away from Paralia Katerini. Inaugurated two years ago, the resort is located right on the beach and could accommodate around 200 tourists in bungalow-type suites, some sporting… » read more

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