with Dr Tereza Capelos and Dr Theofanis Exadaktylos
Our in-house political psychology and behaviour expert, Dr Capelos, cross-examines our in-house Greek politics expert, Dr Exadaktylos, in an effort to make sense of current developments unfolding in the Euro-area and Greece itself. The exchange took place between 11.40 and 12.40 local time Continue reading »

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Last night’s deal on the Euro represented the EU’s last best chance to find a way out of this crisis.  In another demonstration of the power of effectively locking people until until they agree, the Heads of State & Government produced a series of conclusions that went beyond many of the opening positions of the previous weeks.  Certainly, after much delay and prevarication, there appears to be a move to attempting a more long-lasting solution, although there is still a strong sense that Europe’s leaders are trying to get away with as little as possible, rather than building in extra room for manoeuvre.  This is the product of German unwillingness to be put on the hook any more than they already are and of the PIIG’s unhappiness about further encroachments on their sovereignty. Continue reading »

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It is certainly not a secret that ‘Plan B’s have been cooked up for the future of Greece within the Eurozone. From time to time new ideas and incentives come to the forefront, the latest one being that of Mr. Simon Wolfson, CEO of Next and Conservative life peer, who is trying to entice economists to come up with a plan for how countries can quit the Eurozone by offering a cash prize of £250,000 to the best solution. Not too bad of an idea if only the solution was so cheap and, in fact, not political. Continue reading »

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