On the question of whether Greece is a country that can change, my answer is affirmative. Yes, Greece is a country where reforms can be made that improve the quality of democracy, strengthen the economy and change the lives of Greeks for the better.
The collapse of Silicon Valley Bank and the serious problems facing Credit Suisse will not have wider consequences for the European banking system, according to Greek bankers. This is because not only are the causes of the current turbulence different – and haven’t created chain reactions – but mainly because today the banking system worldwide […]
The Greek crisis was the result of major macroeconomic imbalances accumulated over a long period of time, leading to the sovereign debt crisis in 2010. To a large extent, these imbalances have now been addressed, although major challenges remain.