economy
Dragasakis: Bank recapitalization signals start of new era for banking sector
The success of a new bank recapitalization requires resolving the problem of non-performing loans, one of the top priorities of the government, said the government’s vice-president, Yiannis Dragasakis, during a meeting with Greek bankers on Wednesday.
Turkey’s economic feet of clay and hybrid political system
By Dr Aris Petasis* This particular article is a continuation of other articles I wrote and in which I support that sound economies rest on democratic government. It is axiomatic for economic models that operate within faulty political systems to become unstable and to falter.