The meeting is introduced by Paolo Ghezzi.
The austerity policies imposed on Athens by the Troika have had disastrous effects, not only on the overall society but also regarding economic objectives. They were intended to address the serious budgetary issues facing the economy; instead, through income contraction, they further exacerbated the debt crisis. Internal demand has plummeted, as have tax revenues, while at the same time public spending has increased to accommodate rising subsidies and unemployment funds for those in difficulty. Perhaps it is after the Greek case that growth-supporting policies now seem to be beginning to gain ground.