Legal uncertainty

The case of Greek jewelry chain Folli Follie was a blow to the credibility of the Greek market, as it revealed the inadequacy of the supervisory authorities. But the blow that followed, with the slow pace of the judicial procedure, was perhaps more severe than the initial fraud scandal. 

It’s realpolitik, stupid!

It is a difficult time for realpolitik. A few weeks before the European Parliament elections, and especially at a time when the Greek prime minister is on a difficult tour of traditionally ultra-patriotic northern Greece, Kyriakos Mitsotakis is called upon to defy the political cost and confirm the family tradition on issues of foreign policy…