“No economy can withstand endless recession and stagnation,” says George Pagoulatos, professor of European politics and economy at Athens University. “At some point there could be a change of preferences, with forces who would want to continue outside the euro,” he adds. “It is anyone’s bet what will happen if the economy doesn’t [exhibit] a strong recovery in 2017.” https://www.theguardian.com/business/2016/aug/13/greek-economy-still-spiralling-down-year-after-crisis-declared-over?CMP=share_btn_tw
Judy Asks: Can Debt Relief Save the Euro? George Pagoulatos Professor of European politics and economy at the Athens University of Economics and Business Debt relief should be a solution of last resort if a country cannot avoid a debt deflation trap without it. This option should be combined with fiscal discipline and bold domestic reforms. It should come…
“The risk that an accident might happen is far from negligible,” said Athens University’s economics professor, George Pagoulatos. “Talks will have to freeze in view of the UK referendum. There is a window and it ends in May.” http://www.theguardian.com/world/2016/apr/21/greek-talks-with-lenders-fraught-as-fears-grow-of-default
"Each time Tsipras is going to have to compromise, he needs to create an external enemy," said George Pagoulatos, professor of European politics and economy at Athens University. "It's part of his old populist playbook. http://mobile.reuters.com/article/idUSKCN0X708F?feedType=RSS&feedName=topNews&utm_source=twitter
Tsipras’s allegations “were an attempt to solidify party support in the face of a convenient enemy for political gains,” said George Pagoulatos, a professor at the Athens University of Economics and Business. The premier’s exchanges with Lagarde over the weekend “were also forward-looking, in the sense of preemptively scapegoating the IMF for a potential deadlock in the program review talks,”…