News & Events

Los Angeles Times, October 29, 2012. All Rights Reserved. The idea of expansive government and greater spending to prop up a still flagging economy has gotten little support this election year. But two economists issued a warning Monday of a renewed recession if the government continues to restrict spending — particularly with the sharp tax […]

CNBC, October 26, 2012. All Rights Reserved. President Dimitri B. Papadimitriou talks to CNBC’s Rick Santelli about the failure of the bailouts in Greek and Spain, and the need for a completely different approach to the "European problem," including a broad-reaching plan to aid development in Europe’s southern tier, a banking union to insure deposits, […]

Ναυτεμπορική, 24 Οκτωβρίου 2012. All rights reserved. Η κρίση χρέους στην ευρωζώνη συνεχίζει να εξαπλώνεται, με κύρια χαρακτηριστικά την αύξηση της ανεργίας, χαμηλό επίπεδο εμπιστοσύνης καταναλωτών, και εκτεταμένες περικοπές στους προϋπολογισμούς σε όλη την επικράτεια. Στην Ελλάδα, οι πολιτικές λιτότητας που υιοθετήθηκαν στο πλαίσιο του δεύτερου πακέτου διάσωσης έχουν επιδεινώσει την κατάσταση της οικονομίας, με […]

Washington Post, October 23, 2012. All Rights Reserved. The Congressional Budget Office predicted back in August that if the country went over the fiscal cliff, the economy would dip into a shallow recession and take about a year to recover. The U.S. economy would shrink about 0.5 percent over the year before bouncing back and […]