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1. It’s Time for a New Deal

Author:
Constantine Michalopoulos
Publication Date:
01-2020
Content Type:
Policy Brief
Institution:
Hellenic Foundation for European and Foreign Policy (ELIAMEP)
Abstract:
The prospects of the Greek economy are mostly good with growth continuing for the fourth straight year. But there is a sense of disappointment, as the recovery has not been very strong and pre-crisis income levels will not be regained for another decade. There are two main reasons for the sluggish recovery: The European creditors have imposed on Greece the requirement to run a primary budget surplus of 3.5% of GDP for five years to ensure that they get repaid—a requirement that constricts growth of the Greek private sector—through heavy taxation of consumers and business. And domestic investment is sluggish, although there are plenty of unutilized resources, such as those provided by the European Structural Funds. There is a need for a new deal with the European Institutions: the Europeans should be more relaxed about getting repaid because of Greece’s much improved access to the European capital markets and be willing to accept a Greek government commitment to a significantly lower primary budget surplus for the next several years. In exchange the Greek government should commit to a commensurate increase in domestic investment through reforms of the banking sector as well as greater public sector investment spending.
Topic:
Government, Financial Crisis, Economy, Economic growth, and Public Spending
Political Geography:
Europe and Greece

2. The Centre-Right Returns to Power in Greece

Author:
Małgorzata Pawłowska and Melchior Szczepanik
Publication Date:
07-2019
Content Type:
Special Report
Institution:
The Polish Institute of International Affairs
Abstract:
ND won the election with 39.9% of the votes. The governing left-wing Syriza took 31.5% while 8.1% voted for the Movement for Change (KINAL), a coalition built around PASOK, the main left-wing party before the last economic crisis.
Topic:
Economics, Government, Politics, and Elections
Political Geography:
Europe and Greece

3. 'Broken and Can't Be Fixed': The Impact of the Economic Crisis on the Greek Party System

Author:
Susannah Verney
Publication Date:
03-2014
Content Type:
Journal Article
Journal:
The International Spectator
Institution:
Istituto Affari Internazionali
Abstract:
The Greek election of May 2012 failed to produce a government, resulting in repeat elections six weeks later. This shock outcome was a symptom of a broader delegitimation of the national political system. Over the past decade Eurobarometer data show a much more extensive loss of confidence in political institutions in Greece than in the European Union as a whole. In a first phase, rising political discontent was managed within the traditional political framework through alternation in power between the two major parties. In contrast, the second phase, following the outbreak of the Greek sovereign debt crisis, led to the dramatic fragmentation of the party system and changed the mode of government formation. This process is not reversible and entails serious democratic dangers.
Topic:
Debt, Economics, and Government
Political Geography:
Europe and Greece

4. Filippo Fontanelli, Giuseppe Martinico Paolo Carrozza (eds). Shaping Rule of Law Through Dialogue. International and Supranational Experiences

Author:
Luis Castellvi Laukamp
Publication Date:
02-2011
Content Type:
Journal Article
Abstract:
Dialogue, this noble art, which, like many other things, was invented by the Greeks, is always a sort of collaboration, a way of trying to attain the truth. Perhaps this is why Plato used it as a literary vehicle when he wrote his Socratic dialogues, a corpus of pieces in which he laid the foundations of Western philosophy. Deeply impressed by the death of his mentor Socrates, Plato wrote some of the most brilliant and insightful works of all time, perhaps in order to keep on debating with his master after his death. In all likelihood, no-one since has ever had the same great ability to create such architectures of thought. His enjoyable and entertaining dialogues deal with essential topics such as the nature of time, politics, love, and death. Not only is his style concise and meticulous, with a proverbial ability to pose the right questions, but also didactic and kind. His dialogues enable all participants to engage in an inquiry which, despite not always being successful in reaching the desired goal, has at least proved to be a fundamental tool in the development of all expressions of human thought. The book under review is inspired, mutatis mutandis, by this very same philosophy regarding dialogue. As its editors (Filippo Fontanelli, Giuseppe Martinico, and Paolo Carrozza) point out in their introduction, '[t]he process of fragmentation of the international legal order and the absence of constitutional devices governing the connections between the various legal regimes can be reduced to a rational picture only through the activity of the judges' (at 23). This is why judges play a key role in creating and developing links between the different legal systems which constitute our multi-level judicial environment. The increasingly complex nature of the interaction between national and international judges has often been
Topic:
Development, Government, Politics, and Law
Political Geography:
Greece

5. Privatization Helps: The Hungarian Example

Author:
Donald Blinken
Publication Date:
10-2011
Content Type:
Journal Article
Institution:
Council of American Ambassadors
Abstract:
As Greece works out of financial crisis, it should look to Hungary fifteen years ago for part of the answer. Far too large a segment of the Greek economy remains locked up in public hands. Their sale to the private sector, as Hungarians discovered, while not a panacea, will help reduce catastrophic public debts, and salaries and pensions will become the responsibility of private owners rather than the government. The Greek Parliament's austerity plan would raise 70 billion euros from privatization by 2015. The government will sell stakes in banking, airports, water utilities, motorway concessions, port operations, state land, and mining rights. Selling assets to the private sector will also improve managerial know-how, increase transparency, and encourage confidence in a Greek recovery.
Topic:
Economics, Government, and Financial Crisis
Political Geography:
Greece

6. Can Europe's Divided House Stand?

Author:
Hugo Nixon
Publication Date:
11-2011
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
Conventional wisdom has it that the eurozone cannot have a monetary union without also having a fiscal union. Euro-enthusiasts see the single currency as the first steppingstone toward a broader economic union, which is their dream. Euroskeptics do, too, but they see that endgame as hell -- and would prefer the single currency to be dismantled. The euro crisis has, for many observers, validated these notions. Both camps argue that the eurozone countries' lopsided efforts to construct a monetary union without a fiscal counterpart explain why the union has become such a mess. Many of the enthusiasts say that the way forward is for the 17 eurozone countries to issue euro bonds, which they would all guarantee (one of several variations on the fiscal-union theme). Even the German government, which is reluctant to bail out economies weaker than its own, thinks that some sort of pooling of budgets may be needed once the current debt problems have been solved. A fiscal union would not come anytime soon, and certainly not soon enough to solve the current crisis. It would require a new treaty, and that would require unanimous approval. It is difficult to imagine how such an agreement could be reached quickly given the fierce opposition from politicians and the public in the eurozone's relatively healthy economies (led by Finland, Germany, and the Netherlands) to repeated bailouts of their weaker brethren (Greece, Ireland, Italy, Portugal, and Spain). Moreover, once the crisis is solved, the enthusiasm for a fiscal union may wane. Even if Germany is still prepared to pool some budgetary functions, it will insist on imposing strict discipline on what other countries can spend and borrow. The weaker countries, meanwhile, may not wish to submit to a Teutonic straitjacket once the immediate fear of going bust has passed.
Topic:
Economics and Government
Political Geography:
Europe, Finland, Greece, Germany, Spain, Italy, Netherlands, Portugal, and Ireland

7. The Ashgate Research Companion to the Politics of Democratization in Europe

Author:
Yaşar Yakış
Publication Date:
03-2010
Content Type:
Journal Article
Journal:
Insight Turkey
Institution:
SETA Foundation for Political, Economic and Social Research
Abstract:
This edited volume brings together 23 articles by various authors who examine different aspects of European democratisation under four headings: Concepts, Practices, Changes and Contexts. In the first section, “Concepts,” contributors tackle different definition of democracy, drawing on discussions in classical literature and examining contemporary challenges to democratization in the global age. In the opening article, “Representative Democracy: Rosanvallon on the French Experience,” Frank R. Ankersmit claims that representative democracy has advantages over direct democracy, as the laws governing the former provide foundational bases for a political order. In the following article, “Direct Democracy, Ancient and Modern,” Mogens H. Hansen looks at direct democracy more closely. The author points out that direct democracy existed only in Ancient Greece and that several centuries after the Hellenic era, scholars introduced the concept of representative democracy and institutions but no serious debate took place regarding the democratic character of these institutions. Hansen discusses the prospects of revitalizing the institution of direct democracy through the use of modern tools. In her article, entitled “Neither Ancient nor Modern: Rousseau's Theory of Democracy,” Gabriella Silvestrini discusses Rousseau's perception of democracy and concludes that it had very little relevance to majority rule. In “Representative Government or Republic? Sieyes on Good Government,” Christine Faure focuses on controversial thinker Abbe Sieyesm, and argues that, in his time, he suggested an elected king who would resemble the modern institution of the President of the Republic.
Topic:
Government
Political Geography:
Europe, Greece, and Tripoli

8. Building Counter-Terrorism Capacity Across Borders: Lessons from the Defeat of "Revolutionary Organization November 17th"

Author:
Christos Floros and Bruce Newsome
Publication Date:
07-2008
Content Type:
Journal Article
Journal:
Journal of Security Sector Management
Institution:
Centre for Security Sector Management
Abstract:
Since 2001, governments have made more resources available for building counter-terrorist capacity abroad, but performance has not matched the rhetoric. Lessons from the defeat of the November 17th terrorist organization in Greece suggest that political or material commitments are necessary but insufficient conditions of international counter-terrorist capacity-building. More important, but less acknowledged, are the organizational conditions. Governments should encourage more cooperative, less self-reliant cultures in their agencies, develop multi-laterally beneficial objectives, and prohibit activities unauthorised by the host country. Some of the lessons, such as adherence to the same rules of law by all stakeholders, confirm norms in security sector reform. Others, such as increased security sector powers, run counter to those norms.
Topic:
Security, Government, and Terrorism
Political Geography:
America and Greece

9. Economic Survey of Greece, 2005

Publication Date:
07-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Recent and prospective growth performance is good. The Greek economy has continued to grow vigorously, buoyed especially by low nominal and real interest rates and an expansionary fiscal policy stance, largely reflecting public works in preparation for the Olympic Games in 2004. The outlook is for some slowing activity in the near term, triggered by fiscal consolidation, but a subsequent pick-up in growth thereafter. However, inflation is likely to remain above the euro-area average, to a certain extent eroding Greece's international competitiveness. Fiscal consolidation is the main priority. The fiscal audit, performed by the new government in close collaboration with Eurostat has revealed a very loose fiscal policy since the late 1990s, culminating in a general government deficit of 6% of GDP in 2004. The government debt-to-GDP ratio has remained stubbornly above 100%, despite uninterrupted strong growth during the past eleven years. Reining in government deficits is of vital importance both to meet the fiscal objectives of EMU, and to prepare for demographically-related budget pressures that will start emerging in a decade's time. Moreover, sustained high public debt makes Greece relatively more vulnerable to changes in interest rates and market sentiment, while it's servicing threatens to crowd out public spending in areas important for Greece's ambitions to reach income levels elsewhere in the EU.
Topic:
Development, Economics, and Government
Political Geography:
Europe and Greece

10. Ministerial Elites in Greece, 1843-2001: A Synthesis of Old Sources and New Data

Author:
Dimitri A. Sotiropoulos and Dimitris Bourikos
Publication Date:
05-2003
Content Type:
Working Paper
Institution:
Minda de Gunzburg Center for European Studies, Harvard University
Abstract:
The study of Greek political elites used to be concentrated on parliamentary deputies. Ministerial elites were rarely studied. In this paper, we take a long-term view of the Greek ministerial elites, studying their socio-political profile from the mid-nineteenth century to the present. We find that this profile does not change so much with regime change, but instead follows political developments at certain time points within specific regime periods. At these points, new political leaders were ushered into power. Examples were Eleftherios Venizelos in 1911 and Andreas Papandreou in 1981. Changes in personnel were not accompanied by changes in geographical origin or professional outlook, which took much longer to effect. In the nineteenth century mainly landowners and state officials dominated cabinets. After the beginning of the twentieth century, however, liberal professions, particularly lawyers, were overrepresented among ministers. This pattern continued throughout the twentieth century. Both the predominance of lawyers and the changes in the profile of ministers over time are attributed to the type of state built in modern Greece, a clientelist, overcentralized and legalistic state which only recently has started its transformation, requiring a different, more modern type of politician.
Topic:
Government, Nationalism, and Politics
Political Geography:
Europe and Greece