LOUKAS TSOUKALIS
A decade after he made this observation, the external economic markets were not happy with the ways the Greek Government had handled the economy and the nation became insolvent. The IMF, World Bank and the other European nations bailed Greece out be making emergency loans, but then they imposed conditions on the Greek Government that was completely contrary to what the Greek politicians and the Greek voters wanted. The Greek national government had almost no control over their own economy.
Loukas Tsoukalis was born in Athens. He studied economics and international relations at the University of Manchester, the College of Europe in Bruges, and the University of Oxford where he obtained his doctoral degree. He taught for many years at Oxford University (University Lecturer in International Relations and Fellow of St. Catherine’s College and St. Antony’s College). He later became Professor at the European Institute of the London School of Economics and Political Science as the first holder of the Eleftherios Venizelos Chair. He has taught in several universities in Europe and the United States. He has advised the former President of the European Commission and former President of the European Council.
