Author Archives: M_Galenianos

About M_Galenianos

Royal Holloway, University of London

The Greek Crisis: Origins and Implications

This paper argues that the deep causes of the Greek and Eurozone crisis are the large external imbalances (trade deficits) of the countries of the European periphery. Their fiscal imbalances exacerbated but did not cause the crisis and therefore fiscal … Continue reading

Posted in Economic development, Economic research, Europe, General, Macroeconomics, Product market, Public finance | Leave a comment

The prospects of the new loan agreement for Greece

Manolis Galenianos argues that it is in Greeceʼs interest to sign the new loan agreement with the troika despite the additional austerity that it necessitates. The reasons are that this agreement (1) will significantly reduce the level of uncertainty in … Continue reading

Posted in Banking and finance, Europe, Macroeconomics, Public finance | 1 Comment