Hindsight bias

Improvements in economic confidence where indicators generated risks for Greece – In hindsight Europe lowers expectations – Peace dividend is over 

A small party was being prepared in the garden of the Residence of the Greek Ambassador in Washington on Saturday, June 24, somewhat breaking the monotony of dull Embassy Row. Despite the insistent forecasts of inclement weather, Alexandra Papadopoulou had dared to set up the large round tables in the garden.

The slow pace in resolving the issue of nonperforming loans was not only due to the complexity of the issue; rather, the obstacles seem to have been the result of pre-election concerns.

Happy new year, everyone! This is a special year for Kathimerini, which celebrates its 100th anniversary since first hitting the stands. It is truly a remarkable occasion. Few things have endured for so long in this country. Kathimerini has, just like Greece, survived through military dictatorships, wars, civil strife and financial crises.