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51. Hotspots, Rights Denied: The lack of a legal framework is threatening the rights of migrants reaching Italy

Author:
Guilia Capitani
Publication Date:
06-2016
Content Type:
Working Paper
Institution:
Oxfam Publishing
Abstract:
The flow of migrants into Italy continues to be dealt with as an 'emergency' situation. The EU's 'hotspot' approach, outlined in the European Agenda for Migration of May 2015 as a short-term measure, has been implemented in Italy and Greece and is an approach involving EU officers, in collaboration with national authorities, in the identification, fingerprinting and registration of migrants. This paper from Oxfam Italia examines the hotspot approach in Italy through the experiences of humanitarian agencies and civil society organizations on the ground, and through the voices of migrants themselves. It concludes that, due to the lack of a legal framework, the hotspot approach seriously violates the fundamental rights of people reaching Italian shores. Oxfam calls for the Italian government and the European Union to define hotspot procedures and activities in EU and national regulations and to take medium-term action to expand the capacity of the receiving and support systems in Italy.
Topic:
Migration, Diaspora, Immigration, Refugees, and Legal Theory
Political Geography:
Europe, Greece, Italy, and Mediterranean

52. It’s Simple—the Cyprus Negotiations Will Fail: A Case Study

Author:
Roger L. Jennings
Publication Date:
04-2016
Content Type:
Journal Article
Journal:
American Diplomacy
Institution:
American Diplomacy
Abstract:
Currently the Greek and Turkish Cypriots are negotiating a unification of the two populations on the island of Cyprus. The Turkish Cypriots are very optimistic an agreement will be reached, but Greek Cypriot President Anastasiades counsels caution. When the world understands the history of Cyprus, the Greeks and the Turks, then people will understand why the negotiations as they are currently being conducted will fail. Ultimately, Turkey and its client the Turkish Cypriots will lose patience with the Greek Cypriot method of negotiation, and north Cyprus will become a province of the Republic of Turkey. The Greek Cypriots will not like a large influx of Turks to this new Turkish province. A successful conclusion to the negotiations is within the control of the Turkish Cypriots, but their leaders do not comprehend their potential and are not interested in advice. The current political administration of north Cyprus is following the same course as the failed prior political administrations.
Topic:
Foreign Policy, Diplomacy, Sovereignty, History, Territorial Disputes, and Negotiation
Political Geography:
Turkey, Greece, Cyprus, and Mediterranean

53. The Greek Euro Tragedy

Author:
John Ryan
Publication Date:
11-2016
Content Type:
Commentary and Analysis
Institution:
LSE IDEAS
Abstract:
On 4 February 2015, the European Central Bank (ECB) unexpectedly and suddenly cancelled acceptance of Greek bonds as collateral for liquidity funding unless Greece obeyed the Troika agreement. The ECB’s irresponsible and incompetent actions call into question their respect for the Greek government’s attempts to resolve its debt crisis in a sustainable way. The ECB may or may not have good reasons to cut off Greece, depending on your point of view, but it is clear that such a move would be political. A central bank that is supposed to be the lender of last resort and guardian of financial stability would be taking a deliberate and calculated decision to undermine the Greek banking system. The ECB is now seen in some quarters as arrogant, unaccountable and authoritarian.1 This Strategic Update discusses the most recent problems for the Eurozone, namely the Greek crisis and the European Central Bank’s (ECB) lack of democratic accountability which has contributed to considerable difficulties for the stability of the Eurozone.
Topic:
International Trade and Finance and Financial Crisis
Political Geography:
Greece

54. Embracing Islamic Finance in Greece. A preliminary analysis

Author:
Evangelos Venetis
Publication Date:
04-2016
Content Type:
Working Paper
Institution:
Hellenic Foundation for European and Foreign Policy (ELIAMEP)
Abstract:
Nowadays Islamic finance is gradually becoming an important part of the international financial system. During the ongoing financial crisis, the role of Islamic finance for the stabilization of the international financial system appears to be strong and promising due to its ethical principles and religious foundation. This analysis focuses both on the quantitative and qualitative examples of the economic upheaval in the Eurozone and Greece and explores the prospects of introducing and developing possible prospects of Islamic finance in the Greek economy.
Topic:
International Political Economy
Political Geography:
Greece

55. Albanian Immigrants in Greece: From Unwanted to Tolerated?

Author:
Adam Adamczyk
Publication Date:
06-2016
Content Type:
Journal Article
Journal:
Journal of Liberty and International Affairs
Institution:
Institute for Research and European Studies (IRES)
Abstract:
The main objective of this article is to present the way attitudes towards Albanian people and the perception of them has changed in Greece. The Albanians came to Greece following the collapse of the Communist bloc at the beginning of the 1990s. Within the time it transpired that it was mass immigration of approximately 500,000 people. Greece was not prepared for such an enormous influx of foreigners and failed to initiate an effective migration policy. The initial reactions of the Greek politicians, media, and society were negative. Social feelings, however, began to turn in the first decade of the XX century. Albanians ceased to be stigmatized as a threat and started to be perceived in a positive way through the prism of the demands of the Greek economy. The economic and migration crisis, however, lead to the reappearance of a xenophobic mood among the Greeks.
Topic:
Migration, Immigration, Public Opinion, and Assimilation
Political Geography:
Eastern Europe, Greece, and Albania

56. From Populist Destabilization to Reform and Possible Debt Relief in Greece

Author:
William R. Cline
Publication Date:
08-2015
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
Using his European Debt Simulation Model (EDSM), Cline examines whether and to what extent additional debt relief is needed in Greece under the new circumstances. Greece's debt burden is significantly lower than implied by the ratio of its gross debt to GDP, because of concessional interest rates on debt owed predominantly to the euro area official sector. The IMF's call for debt relief recognizes the lower interest burden but argues that the gross financing requirement is on track to exceed a sustainable range of 15 to 20 percent. But in the Fund's June Debt Sustainability Analysis that threshold would not be exceeded until after 2030. A sustainability diagnosis based on such a distant future date would seem at best illustrative rather than definitive. The euro area creditors might, nonetheless, be well advised to provide two types of interest relief: an earmarked portion of interest otherwise due to finance a public works employment program; and additional interest relief to compensate for budget shortfalls caused by growth below plan levels. The sovereign debt situation should be alleviated by carrying out the bank recapitalization directly from the European Stability Mechanism to the banks, rather than through the sovereign as the intermediary. The large increase in the ratio of gross debt to GDP imposed by bank recapitalization is mostly an optical illusion because there would be a corresponding rise in state assets, but this increase could, nonetheless, further erode perceptions of sustainability.
Topic:
Debt, Economics, International Monetary Fund, Financial Crisis, and Budget
Political Geography:
Greece

57. Greece and the European Project: Canary in the Coal Mine?

Author:
Daniel V. Speckhard
Publication Date:
09-2015
Content Type:
Journal Article
Institution:
Council of American Ambassadors
Abstract:
After serving for two challenging years in the chaos of a war zone as the Deputy Chief of Mission in Iraq, I received word that I would become the next Ambassador to Greece. To be quite honest, I had mixed feelings. I looked forward to the challenge, but I imagined the post would be too sedate compared with the adrenalin-charged days and world-shaping events in Iraq. It was anything but. Within a year of my arrival, the streets were aflame with violent protests over a police shooting of a teenager. A year later, snap elections brought a socialist government to power. And soon thereafter, the onion was further peeled to expose a financial crisis and a crumbling economic foundation built on a corrupt, oligarchic, and debt-addicted system fed by billions of dollars of public and private EU loans and grants.
Topic:
Corruption, Economics, Politics, Financial Crisis, and European Union
Political Geography:
Europe and Greece

58. Revisiting the Latvian and Greek Financial Crises: The Benefits of Front-Loading Fiscal Adjustment

Author:
Anders Åslund
Publication Date:
05-2015
Content Type:
Special Report
Institution:
Center for Social and Economic Research - CASE
Abstract:
This paper discusses why Greece has done so poorly in comparison with all other European Union countries since the onslaught of the global financial crisis in 2008. To show what was wrong with its fiscal adjustment, this paper compares Greece with the other European Union country that was hit be the most severe fiscal crisis, namely Latvia. The conclusion is that front-loaded fiscal adjustment works much better. Greek economic policy has been a popular topic among opinion writers, notably Nobel Prize winner and New York Times columnist Paul Krugman, who claimed that Greece suffered from austerity. Because of his prominence in the international public debate, I shall scrutinize his arguments on the Greek crisis. The paper also examines what policy the International Monetary Fund has pursued with regard to Greece, and how its views have been influenced by the debate and Greek economic developments. Finally, the paper assesses what lessons can be drawn from the contrasting experiences of Latvia and Greece. The conclusion is that a fiscal adjustment should be sufficient to resolve the crisis to restore confidence and that it should be as front-loaded as is practically and politically possible.
Topic:
Financial Crisis, Finance, Economic growth, Macroeconomics, Fiscal Policy, and Trade
Political Geography:
Europe, Eastern Europe, Greece, and Latvia

59. The “Spirit Of Davos” Revisited: The Greco-Turkish Rapprochement And Its Effects On The Greeks in Turkey (1987-1989)

Author:
Asli Bilge
Publication Date:
06-2015
Content Type:
Journal Article
Journal:
Alternative Politics
Institution:
Department of International Relations, Abant Izzet Baysal University, Turkey
Abstract:
This article focuses in detail on the rapprochement period or the “Davos spirit” of the late 1980s, initiated by Turkey who was searching to rejuvenate its relations with the European Community. The aim is to shed light on the measures, appropriated by the government concerning especially property rights not fully known in details by the public. The utilitarian approach will be analysed closely in order to find out whether those measures were effective on the long run on the Greek minority.
Topic:
Diplomacy, Regional Cooperation, European Union, and Regional Integration
Political Geography:
Europe, Turkey, and Greece

60. Where Next for the Euro Zone?

Publication Date:
02-2015
Content Type:
Working Paper
Abstract:
The political and economic events taking place in Greece and across Europe are shaking confidence in the future of the euro zone, and the spotlight has been focused on where the economic future of Europe lies. This report provides a snapshot of The Economist Intelligence Unit's outlook for some of Europe's most important as well as some of its most fragile member states: Greece, Spain, France, Germany, Italy and Ireland. Each article analyses current political and economic events, forecasting short- and long-term trends that help you to influence decision-making and economic outcomes for your business.
Political Geography:
Greece, France, Germany, Spain, Italy, and Ireland