CLEAN : Economic expert at Athens university analyses bailout deadlock

The transcript discusses the economic challenges and expectations facing the government, particularly focusing on the year 2017. It highlights the dual occurrence of personal income iteration and macroeconomic improvements. The relationship between macro variables and perceived improvements is explored, emphasizing the difficulties faced by individuals and small businesses due to cumulative economic effects. The transcript concludes with a discussion on the delay in evaluations and the future development of the Greek economy.

What are the two main developments expected in 2017 according to the video?

• Improvement in technology and education

• Rise in foreign investments and exports

• Decrease in unemployment and inflation

• Increase in personal incomes and macroeconomic stability

What is the relationship between macroeconomic variables and personal perceptions of improvement?

• They are directly proportional

• They are unrelated

• They are inversely proportional

• There is a lag between them

Why is it becoming more difficult for small businesses each year?

• Because of reduced consumer spending

• Owing to technological advancements

• Because of the cumulative effects of past years

• Due to increased competition

What is one of the major challenges mentioned in the video regarding economic programs?

• Delay in evaluation

• Poor management

• Lack of funding

• Insufficient data

Which economy is specifically mentioned as facing forthcoming development challenges?

• Greek economy

• Spanish economy

• Italian economy

• Portuguese economy