Fay Makantasi and Ilias Valentis are analyzing the state of the Greek economy amid uncertainties in connection with the course of the pandemic and various new sources of risk, such as the energy crisis, the global wave of inflation, and the war in Ukraine.
How lowering primary surpluses, taxes and social insurance contributions can lead to higher growth, more employment and a sustainable public debt.
Why did Greece’s former production model fail? What were its most significant problems? How can we now, after six years of crisis, design a new and viable plan?
One crucial problem of the Greek production model is that the share of innovative industries is much lower than in other EU economies, in stark contrast to the rich scientific potential of the country.
What is the scale of tax evasion in Greece? Who are those evading taxes? And what can be done to fight the problem?
