Posts tagged as:

Financial Crisis

Financial Crisis hit hard on Major Greek Privatizations

December 29, 2008

in The Blog

Hutchinson’s 425ml euros offer to assume operation of Thessaloniki’s port for 35 years was withdrawn recently. Qatar Air has also withdrawn interest for Olympic Airways acquisition. According to informed sources, both deals were cancelled due to the international financial system collapse and the domestic political and social instability.
I bet that fewer and fewer are still [...]

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Study history to avoid repeating the same mistakes…

October 12, 2008

in The Blog

Mega-reader George has pointed to a study called “This Time is Different: Eight hundred years of financial folly” by Carmen M. Reinhart and Kenneth Rogoff which builds a broader historical context for analysing financial crises.
In a very interesting reading the authors through their “archeological” research conclude that crises “… [are] never different”. Whether it is [...]

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