{"id":2970,"date":"2019-09-20T12:12:12","date_gmt":"2019-09-20T09:12:12","guid":{"rendered":"http:\/\/hardouvelis.gr\/?p=2970"},"modified":"2023-08-04T20:14:12","modified_gmt":"2023-08-04T17:14:12","slug":"overview-of-the-greek-crisis","status":"publish","type":"post","link":"https:\/\/hardouvelis.gr\/el\/overview-of-the-greek-crisis\/","title":{"rendered":"Overview of the Greek Crisis"},"content":{"rendered":"<p><strong>Overview of the Greek Crisis<\/strong><br \/>\nGikas Hardouvelis<br \/>\nCEPR European Conference on Household Finance 2019, Rodos Palace Hotel<br \/>\n<em>\u03a0\u03b1\u03c1\u03b1\u03c3\u03ba\u03b5\u03c5\u03ae 20 \u03a3\u03b5\u03c0\u03c4\u03b5\u03bc\u03b2\u03c1\u03af\u03bf\u03c5 2019<\/em><\/p>\n<div>The Greek crisis is characterized by two phases<\/div>\n<div><\/div>\n<ul>\n<li class=\"m_5094357244957389398gmail-O1\">Economic disequilibria bring Crisis Phase-I in 2009<\/li>\n<li class=\"m_5094357244957389398gmail-O1\">Then economy adjusts &amp; disequilibria are cured after two economic adjustment programs, a major public debt restructuring and two bank recapitalizations<\/li>\n<li class=\"m_5094357244957389398gmail-O1\">Then bad politics brings Crisis Phase\u2013II in 2015:\u00a0 The country risks GREXIT; capital controls, a 3rd unnecessary economic adjustment program &amp; a 3rd bank recapitalization arrive<\/li>\n<\/ul>\n<div><\/div>\n<div>The crisis is over but no quick recovery in sight<\/div>\n<div><\/div>\n<ul>\n<li class=\"m_5094357244957389398gmail-O1\">Capital controls were lifted on Sept 1, 2019<\/li>\n<li class=\"m_5094357244957389398gmail-O1\">Can we jump start the economy?<\/li>\n<li class=\"m_5094357244957389398gmail-O1\">What are the key challenges?<\/li>\n<\/ul>\n<p><a href=\"http:\/\/hardouvelis.gr\/wp-content\/uploads\/2019\/09\/GH_Greek-crisis_20-9-2019_.pdf\" target=\"_blank\" rel=\"noopener\">Download Presentation<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Overview of the Greek Crisis Gikas Hardouvelis CEPR European Conference on Household Finance 2019, Rodos Palace Hotel \u03a0\u03b1\u03c1\u03b1\u03c3\u03ba\u03b5\u03c5\u03ae 20 \u03a3\u03b5\u03c0\u03c4\u03b5\u03bc\u03b2\u03c1\u03af\u03bf\u03c5<\/p>\n","protected":false},"author":1,"featured_media":4568,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[3249,3250],"yst_prominent_words":[2569,2647,2370,2186,293,2648,2646,89,2644,48,2366,111,345,477],"class_list":["post-2970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speeches-presentations","tag-economic-analysis","tag-oikonomikes-analyseis"],"acf":[],"_links":{"self":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/2970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/comments?post=2970"}],"version-history":[{"count":1,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/2970\/revisions"}],"predecessor-version":[{"id":2972,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/2970\/revisions\/2972"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/media\/4568"}],"wp:attachment":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/media?parent=2970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/categories?post=2970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/tags?post=2970"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/yst_prominent_words?post=2970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}