Current Developments

Analysis of the Greek Politico-economic balance under the light of the Euro Sovereign Crisis

posted Jul 28, 2014, 9:43 AM by Georgios Dafnos   [ updated Jul 28, 2014, 9:53 AM ]

An extremely interesting and up-to-date analysis of the politico-economic context of Greece has been released by the FT.
The article begins with the obvious linkage between the sharp decline of personal income in Greece and the rise of radical-left and extreme right political forces in Greece.
The analysis utilizes the input of prominent figures such as former Greek PM Mr. Lucas Papadimos, the Minister for Administrative Reform Mr. Kyriacos Mitsotakis, E.R.S.G. researcher Professor Theodore Pelagidis, Mr. Christos Megaloy, Cheif Executive of Eurobank and others.
The article concludes with an accurate presentation of the challenges that the Greek political system and Greek society will face in the near future and its implications for Europe.

You may find the analysis in this link.

Professor T. Pelagidis' New Book Releases

posted Jun 25, 2014, 2:44 AM by Georgios Dafnos   [ updated Jul 25, 2014, 6:14 AM ]

Professor T. Pelagidis of the E.R.S.G. consortium presented his new book co-authored with Dr. Michael Mitsopoulos titled "Greece: form Exit to Recovery".

The two Greek economic analysts explain the Greek financial crisis —from beginning to end.

The first section of Greece: From Exit to Recovery? explores the lead up to to Greece's adoption of the euro. Authors Theodore Pelagidis and Michael Mitsopoulos believe that the ensuing challenges were foreseeable. In fact, the authors posit that it was Greece's difficultly in dealing with those challenges that sparked the euro crisis.

Section II analyzes discrete sectors of the economy, paying special attention to labor and finance —and the mistakes creditors made in focusing on reducing Greek incomes —rather than increasing competitiveness on non-labor costs.

Section III investigates why Greek companies spend relatively little on research and development.? The authors' analysis indicates that policy decisions largely determine R& D performance in the private sector, and they advance a number of specific policy proposals to improve the situation.

You may find the announcement on the press in the following links:

Moreover, Professor T. Pelagidis and Dr. M. Mitsopoulos have contributed Chapter 2: "TaxEverything that Moves" in the Collective Work edited by Kemal Dervis and Jacques Mistral titled "Europe's Crisis, Europe's Future".

Both works have been published by Brookings Institution Press with the supoprt of "Stavros Niarchos Foundation".

Updated Relevant Publications, Core Documents & Tutorials

posted May 23, 2014, 8:03 AM by Georgios Dafnos

Check out our project's updated sections of Relevant Publications, that was enriched with extremely valuable papers on issues such as Greek Bank's financial health and Banking Regulation, Europeanization process on stated industry, OCA theory, Regional Trade Agreements and their effects, Polish experience of EU membership and its prospective accession to the EMU and a lot more useful and enlightening research output. 

Moreover, our project's EU Core Documents and Tutorials were fundamentally furnished with all latest developments and explanatory presentations on the evolving Banking Union of the EU. 

ERSG hosts Professor Hélène Raymond (Universite Paris X) Special Lectures

posted Apr 8, 2014, 3:45 AM by Georgios Dafnos   [ updated May 5, 2014, 5:21 AM ]

ERSG and the University of Piraeus is proud to host Professor Hélène Raymond from Universite Paris X Ouest Nanterre Na Defense (ERSG Associate Partner) for delivering two special lectures on EMU Unfolding Crisis and Crises Safe Havens.

Lecture 1

Title: EMU Unfolding Crisis: Financial banking and Economic Aspects

Venue: University of Piraeus, Central Building Conference Hall

Time: 18.00-21.00

Date: 8th April

Short Description:

The last 5 years have been very hectic for the EMU. The EU South has been experiencing an acute crisis while Cyprus was tested even stronger witnessing the so-called "bank run". As economic outlook remains fragile the question arises as to how to prevent the crisis from starting again and spreading.


Lecture 2

Title: Flight to Quality and Safe Heavens during Crises

Venue: University of Piraeus, Department of Maritime Studies Building, Gr. Lambraki 21 and Distomou Str., Lecture Room 105

Time: 16.00-18.00

Date: 9th April

Short Description:

The current crises has clearly renewed the interest in risk-free assets and in safe haven assets. Indeed, the surge in the price of gold or the rise of some currencies during the crisis hints at a safe haven role. This lecture examines the role if gold and of different currencies as safe havens during recent periods of economic and financial turmoil


You may find the presentations of the two special lectures here.

You may find photos of the special lectures at the Media Gallery.

E.R.S.G. Researcher Professor Tamara Milenkovic-Kerkovic releases New Book

posted Jan 30, 2014, 10:45 AM by Georgios Dafnos

E.R.S.G. is proud to announce that one of its researchers Professor Tamara Milenkovic-Kerkovic has released her new book "Factoring-Law and Business Practice in Serbia", co-authored with Zeljko Atanaskovic.

The book has been published under the Lifelong Learning Program and by the Department of Economics of the University of Nis

The book contemplates issues such as:
  • Factoring Financial Services
  • Factoring Agreements
  • Factoring Business Practice in Serbia
  • Legal Aspects of Factoring Agreement in Serbia

The E.R.S.G.'s Director Professor El. Thalassinos wishes every success to the group's partner new endeavor.

You may find further information for the book at the following links:

Britain's Role in the EU Renegotiated...

posted Jan 23, 2013, 8:24 AM by Georgios Dafnos   [ updated Jan 26, 2013, 3:45 AM ]

Prime Minister David Cameron promised on Wednesday 23 January 2013 to give Britons a referendum choice on whether to stay in the European Union or leave if he wins an election in 2015, placing a question mark over Britain's membership for years and opening the perennial debate about Britain's role within the EU.

You may find extremely interesting articles on this acute debate in the following links:

Basel III Comes into Force: Reforming the International Financial System

posted Jan 17, 2013, 5:11 AM by Georgios Dafnos   [ updated Jan 17, 2013, 5:14 AM ]

You can find an extremely useful and relevant article here.

Research Pillar 4 Kicks Off its activities!

posted Oct 22, 2012, 3:28 AM by Georgios Dafnos

Professor T. Pelagidis inaugurated the activity of RP4 by submitting indicative Bibliography and 4 research papers that have already been published in significant academic journals.
The Bibliography file is in .doc format so as for RP4 participants to enrich the file with their own contributions.
All relevant files may be found here.

The Nobel Peace Prize 2012 was awarded to the EU

posted Oct 17, 2012, 5:29 AM by Georgios Dafnos   [ updated Oct 17, 2012, 6:19 AM ]

The Nobel Peace Prize 2012 was awarded to European Union (EU) "for over six decades contributed to the advancement of peace and reconciliation, democracy and human rights in Europe".

You can find the prize announcement here.

You can find the Press Release from the Norwegian Nobel Committee here, stating the whole reasoning of this decision.

This development has raised a lot of controversy and fueled a heated debate due to the timing of this distinction.

On the one hand, there is the argument that the EU has become the vehicle that steered european nations in serene waters contributing to the establishment of a 60 years' peaceful coexistence (the second largest peaceful period in Europe's history). At the same time, Europe has emerged as the largest player in International Trade and has achieved an unprecedented level of economic prosperity.

On the other hand, the argument goes that over the last few years the EU seems to be more and more detached from its social structures putting more emphasis on fiscal numbers than on social well-being, thus moving away from the original blueprint of its founding fathers and fueling tensions in its periphery.

You may find reactions and additional information on this acute debate on the following links:

ERSG Facebook Page goes Live!

posted Oct 17, 2012, 4:44 AM by Georgios Dafnos   [ updated Oct 17, 2012, 12:52 PM ]

Visit the Project's Facebook Page that has gone live. Invite your friends to get to know our project, to visit our webapage and activities. The facebook page will be the projet's social network tool and will be furnished with all latest disseminating attributes.

1-10 of 13