Giorgos Papakonstantinou was appointed as Finance Minister in Greece with the advent of the government of George Papandreou in October 2009. Immediately faced with triple deficits – fiscal, external and credibility – and with Greece shut out of international markets, he had to undertake a radical reform programme while ensuring a bailout package with the European Union’s blessing.
Prior to taking up his role as Finance Minister, he was an economist at the OECD and today teaches in Italy.
Here he talks to Dr Greg Mills about the challenges Greece faced at the time, and the difficult path reformers have to tread in balancing political impulses with economic realities.
Dr Greg Mills interviews former Finance Minister of Greece, Giorgos Papakonstantinou, and discusses balancing political impulses with economy realities.
24 September 2020
Unique insights into the economic development of Africa by economists, policymakers and policy shapers. Subscribe for free and listen on your favourite devices.Explore →