Greece's bailout program ends on Aug. 21

A year of risk and reward for Greece

Greece enters a new year that could prove to be a watershed in its long and meandering traipse through three successive bailouts and faltering efforts to overcome the chronic weaknesses that contributed to one of the most damaging economic crises the developed world has seen.

Greek PM Alexis Tsipras

Check, Please: How Much Alexis Tsipras’s First Months Cost Greece

Greece has been let down on numerous occasions by its politicians and Tsipras has often criticised opposition parties for their role that led to the crisis in 2009 and its management subsequently. However, he must look back at those six months of 2015 and wonder what he was thinking.

Greece judicial system

Greece judicial system: the whole truth and nothing but the truth

Nick Malkoutzis via Macropolis| Next summer, Greece is due to exit its eight-year programme. Athens and its creditors, who have closely shaped and overseen this long adjustment process, will want to argue that a changed country is emerging. The sorry state of the judicial system currently stands as one of the biggest blots in their copybook. The case against the former head of the Hellenic Statistical Authority (ELSTAT), Andreas Georgiou is a case in point.

Greece street

Could reforms have prevented Greece’s economic collapse?

Yiannis Mouzakis via Macropolis | Greece’s economic collapse in 2010-2013 has become legendary. The country had already been hit hard by the global financial crisis in 2009, when it posted a sharp GDP drop of -4.3 percent. This set the stage for what would become the deepest economic contraction of a developed country in history. But would the implementation of structural reforms have helped alleviate this situation?

Greece judicial system

Greece: There’s always the next parliamentary season

Nick Malkoutzis via Macropolis  | A stale parliamentary debate that rarely stayed on topic seemed a good way to wrap up another disappointing political season in Greece. The country has been stuck in a deep, dark hole for almost a decade and now it has a chance for a change in fortune. But its decision makers will have to display much more vision, determination and mastery than was on display in Parliament on Monday.