GR Political Economy Digest #11

ALEKSISThe Greek elections might be over, but both domestic and international eyes will still be fully focused on the country for a while. Today, the newly formed government of SYRIZA and ANEL (i.e. Independent Greeks) announced the new Greek cabinet (more to follow on that in the next few days). The new government is tasked with a tremendous weight. It has proposed to break with the path of austerity and follow a more confrontational stance with our international lenders and European partners. In the upcoming weeks, the government of SYRIZA-ANEL will have to take some monumental decisions about the fate of Greece and the country’s economic orientation. Based on their populist-extremist, anti-austerity, and anti-euro(pean) rhetoric up to now, it seems to be ready to make a huge break with the past. Will they continue to remain as firmly adamant as they have proclaimed in the past three years, or will we start witnessing one ‘kolotoumba’ after the other? Stay tuned for updates…

Here are the hottest articles on the Greek political economy that you need to read today:

  1. Greece debt repayment in full is ‘unrealistic’ says Syriza | BBC News Europe, 27 Jan 2015
  2. Greece and Europe dig in on bailout terms after Syriza victory in Greek election, by Matthew Karnitschnig and Gabriele Steinhauser | The Wall Street Journal, Jan 27 2015
  3. European equity rally halted by Greece and weak corporate figures | Reuters, Jan 27 2015
  4. Greek bonds, stocks drop as leaders to spar on writedown, by Lucy Meakin | Bloomberg BussinessWeek, Jan 27 2015
  5. Greek Elections: Syriza’s Tsipras faces great expectations, by Giorgos Christides | BBC News, Jan 27 2015
  6. ECB, Syriza have broken euro zone’s German spells, by Pierre Briancon | Reuters Blogs, Jan 27 2015
  7. Greek Elections: Why Syriza is ‘playing with fire’ by joining forces with racist Anel, by Gianluca Mezzofiore and Gareth Platt | International Bussiness Times, Jan 27 2015
  8. Europe’s populists hail Syriza win in Greek elections from Left and Right, by Marcus Walker, Jason Douglas and William Horobin | The Wall Street Journal, Jan 27 2015
  9. Syriza’s Alexis Tsipras’s picks new Greek cabinet, by Graeme Wearden | The Guardian, Jan 27 2015
  10. Macro Horizons: Is Greece still the word?, by Allen Mattich and Michael J. Casey | The Wall Street Journal, JanMatthew Karnitsching & Gabriele Steinhauser | The Wall Street Journal, 26 Jan 2015
  11. Greece: Think Flows, Not Stocks, by Paul Krugman | The New York Times, 26 Jan 2015
  12. Greece’s new finance minister learned about tearing down capitalism from working at a video game company, by Tim Fernholz | Quartz, Jan 26 2015
  13. Profile: Greece’s new finance minister Yanis Varoufakis, by Phillip Inman and Katie Allen | The Guardian, Jan 26 2015
  14. Syriza’s win: Greece turns, Europe wobbles | The Economist, Jan 26 2015
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