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The Greek Current
The Greek Current

The economic prospects for Greece and Europe in 2022

Klaus Regling, the Managing Director of the European Stability Mechanism (ESM), recently gave an exclusive interview to Kathimerini where he discussed the economic prospects for Greece and Europe in 2022. Regling touched on the strength of the recovery of the Greek economy in 2021 and the road ahead, citing the importance of Greece’s Recovery and Resilience Plan as a tool to place Greece on a higher growth trajectory. He also addressed concerns over Greece’s debt, which now exceeds 200% of GDP, making it clear that the ESM believes Greek debt is manageable over the coming years. Yannis Palaiologos, Kathimerini’s Brussels correspondent, joins The Greek Current to discuss the key takeaways from his interview with Klaus Regling. 

Read Yannis Palaiologos' interview with Klaus Regling here: Klaus Regling in interview with Kathimerini (Greece), January 2022

You can read the articles we discuss on our podcast here:

Greece approves fourth COVID-19 vaccine shot for those at risk

Kasoulides sworn in as foreign minister, Christodoulides bids farewell

No change in foreign policy, says Kasoulides, pledges more focus on foreign diplomats and EU

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Greece leads pushback against Turkey and Libya's farcical maritime "deal"

“Geography cannot be rewritten … and sovereign rights cannot be erased by drawing arbitrary lines on a map.” Those were Prime Minister Kyriakos Mitsotakis words at the UN Security Council this week, as he held up a map showing Turkey and Libya’s “illegal” and “arbitrary” maritime deal.This agreement is back in the headlines these days after Libya’s House of Representatives dropped its...

Is France the "new Greece" of Europe? Protests, rising debt, and the lessons from Greece's crisis

A weekend of widespread protests and riots in France has put the spotlight on the many challenges facing the country, from political paralysis to a looming debt crisis. Some pundits and observers are even asking if France, the Eurozone’s second largest economy, is the new Greece of Europe, an ode to Greece’s debt crisis in the 2010s. While this comparison misses the mark in many ways, Europe is...

Conflict in the Horn of Africa, the Turkey factor, and why it matters for Greece

This week we’re turning our attention to the Horn of Africa, where a long-simmering conflict in Ethiopia recently exploded into open war. The situation is grim, but it’s not limited to Africa’s second most populous nation. Eritrea has been pulled into the conflict, Sudan’s civil war is right next door, and on the other side of the Red Sea the Iran-backed Houthis in Yemen continue to strike the...