Economists

A Turkish-American with extensive experience in finance policy has been chosen as the Treasury Department chief of staff under incoming President Joe Biden, Bloomberg News reported.

Didem Nişancı, currently global head of public policy for Bloomberg LP, will be chief of staff for incoming Treasury Secretary Janet Yellen, a key position, Bloomberg said late on Jan. 11. 

We have seen "holistic plans" for the economy before, but never such thorough plans.

Most of the points raised in the so-called Pissarides Report on a long-term growth strategy for Greece (named after Cypriot Nobel Laureate Sir Christopher Pissarides who chaired the committee of experts that authored it) have been common knowledge for years. 

The vision of a new Greece as encapsulated in the 244-page action plan drafted by the committee of experts led by Nobel Laureate Sir Christopher Pissarides foresees across-the-board reforms to all sectors so as to ensure the development of the economy in a way that will lead to an increase in per capita income, strengthen social cohesion and improve the country's environmental performance.

The countdown to the launch of one of the most ambitious plans ever designed for the Greek economy began last week, with the submission to the European Commission of the draft action plan for the utilization of the Next Generation EU fund's resources.

The mayor of Aegina island claimed in comments on Saturday that former finance minister Yanis Varoufakis, head of the Mera25 party, refused to stop for a police inspection on the island where he has a summer home.

According to the mayor, Yiannis Zorbas, police had been conducting routine inspections last Thursday when they signaled to Varoufakis to pull over.

Mera25 MPs will give up half of their salaries to three hospitals in Athens, Thessaloniki and Crete, for as long as the lockdown continues, the anti-austerity party has announced.
Mera25 has nine deputies in the 300-seat Parliament.

The government has said it will expand its stimulus package to more sectors of the economy battered by the state-decreed suspension of the activity of businesses to halt the spread of the Ccoronavirus.

Greece's economy has great growth potential but more reforms, new infrastructure and strong political will are necessary, Nobel prize winner Sir Christopher Pissarides said on Tuesday at the first meeting of the Economic Policy Council, in the presence of Prime Minister Kyriakos Mitsotakis.

The government has ordered the drafting of a new Growth Plan for the Greek Economy - one that responds to market demand to determine the country's economic model so as to facilitate investment decisions.

Ta Nea on 9 November published an interview with American economist and Nobel Prize winner Joseph Stiglitz in which he essentially admitted that he and a team of his colleagues from the University of Texas in 2015 were working on a plan for Greece to return to the drachma and leave the eurozone.

He viewed this prospect as an attractive solution for Greece's economic problems.