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The Rise of Populism in Greece and the Impact on the Economy

In: Who’s to Blame for Greece?

Author

Listed:
  • Theodore Pelagidis

    (Bank of Greece and University of Piraeus)

  • Michael Mitsopoulos

    (Hellenic Federation of Enterprizes)

Abstract

Euclid Tsakalotos, Greece’s British-educated, Marxist finance minister, often describes economic activity in Greece as akin to a suppressed spring: after eight years of almost uninterrupted recession and a cumulative loss of a quarter of pre-crisis gross domestic product (GDP), he contends, the country is past due for a robust recovery. The Greek government, as well as the country’s official creditors, projected growth to jump to nearly 3% of GDP in 2017, a strong start on the long upward climb back to the standards of living enjoyed before Greece’s vertiginous crash.

Suggested Citation

  • Theodore Pelagidis & Michael Mitsopoulos, 2021. "The Rise of Populism in Greece and the Impact on the Economy," Springer Books, in: Who’s to Blame for Greece?, edition 3, chapter 0, pages 263-277, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-64081-1_10
    DOI: 10.1007/978-3-030-64081-1_10
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