A few weeks ago Athens persuaded private holders of about €30 billion in Greek debt to swap short maturity bonds for five new ones of longer maturity so as to improve market liquidity and push yield rates down before the country emerges from bailouts in August 2018. Actually, the 10-year bond dived swiftly below the […]
Theodore Koutsobinas
Theodore Koutsobinas is currently an Assistant Professor of Economic Theory with an Emphasis on Culture Management at the Department of Management of Culture Environment and New Technologies of the University of Patras, Greece. Former advisor to Andreas Papandreou, his last book The Political Economy of Status: Superstars, Markets and Culture Change was published by Edward Elgar Publishing, U.K. and USA in 2015.