Youth Unemployment in Crisis Times – Who has Failed in Greece?

annie tubadji

What was the case with youth unemployment in Greece before the crisis?  The inactivity of Greek youth increased with almost 10% (from 63% to 72%) in the period of 2000-2008. This means that for the last decade, over two thirds of Greek youths were not involved actively in the labour market. In addition, Eurostat data [...]

Latvia: Why we need to go beyond the ‘Success’ of Fiscal Austerity

Iyanatul Islam

Latvia was the first country in Europe to join an EU and IMF supported programme in December 2008 to cope with the fall-out of the global economic and financial crisis. Policy-makers made a resolute commitment to defend the exchange rate peg between the Lat and the Euro given the aim to enter the Eurozone in [...]