The current complicated economic situation in Greece - and the rising political uncertainty that once again accompanies it - has important repercussions for growth, incomes, employment and the banking system in both the short and long term. The new Greek government is trying to perform a...

The correct understanding of Greece's debt can only be obtained by using international accrual accounting standards rather than the cash-basis future face value defi nition. Changing the terms of debt changes the value of the debt in Greek governmental fi nancial statements correctly prepared...

The note by Christopoulos re-examines the national savings-domestic investments correlation in Greece for the period 1960–2000. He applies the Johansen [Johansen, S. (1988). Statistical analysis of cointegration vectors. Journal of Economic Dynamics and Control, 8, 231–254; Johansen, S. (1991)....

In this note, the national saving–domestic investment correlation is examined in terms of an error correction model to gain some insight into the degree of capital mobility, using Greek data for the period 1960–1997. In particular, we employ cointegration analysis with an emphasis on the...

In this paper, we investigate the effectiveness of spin-offs' human resource organization quality and capacity within the existing four Greek Science and Technology Parks (STPs). For this purpose, we distributed a critical number of questionnaires to the spin-offs and then we analyzed...

Greece has the lowest public receipts of all the Eurozone members, and this contributes significantly to the annual budget defi cits and the extremely high level of public debt. The source of this shortfall is personal income taxation. The following article analyses the distortions in the labour...

The downward adjustment of economic activity to match the reduced competitiveness of the economy, be it within the Eurozone or outside it as some advocate, will leave the Greek economy with a low level of economic activity, which will match its reduced competitiveness, even though its total...

Last December, downtown Athens experienced three nights of street battles, arson, and looting that became headlines in the international press. We argue that the reasons for this extreme social turbulence are related to the regulatory and institutional rigidities that still prevail in Greece's...