Syriza shows the failure of ‘cartel politics’
As expected, the radical left party Syriza was the big winner of the Greek elections, coming only two seats short of an absolute majority in parliament. But it’s unclear if new Prime Minister Alexis Tsipras will be able to effectively pursue his anti-austerity agenda and renegotiate the terms of the Greek bailout with creditors — and he will…
Reforming Southern Europe: How to Square the Triangle of Employment, Fiscal Austerity and Inequality?
Mass unemployment is probably one of the most worrying features of the Eurozone crisis. As youth unemployment is hitting record levels (one in four people under 25 in Europe and more than one in two in Spain are officially out of work), many observers are warning against the rise of a “lost generation”, especially in…
How big is the Greek public sector, really?
In the media you always read about the Greek “bloated and corrupt” public sector full of useless slags. Now I have been unable to find actual data that can back up this claim. OECD data (picture above) indicate on the contrary that the Greek public sector is actually much smaller than elsewhere. 1) Are the…