George Chouliarakis

Chouliarakis was born in Iasmos[1] and studied economics at the University of Athens, before completing a Master's degree at the University of London. He later completed his PhD in economics at the University of Warwick.[2]

Chouliarakis has taught economics at the University of Essex, and has been a research fellow at the Institute for Employment Research of the University of Warwick. He is currently the Jean Monnet Lecturer in European Economic Integration at the University of Manchester. He is also a visiting scholar at the Bank of Greece and a fellow of the Euro Area Business Cycle Network.[2]

His research interests include macroeconomics, economic history, labour economics, international macroeconomics and the macroeconomics of monetary unions.[2]

Chouliarakis has served as Chairman of the Council of Economic Advisers (SOE), and in this capacity has accompanied ministers, such as Euclid Tsakalotos, to meetings in Brussels.[3] He has also been described as an "ally" of the Deputy Prime Minister of Greece, Yannis Dragasakis.[4]

In late April 2015, Chouliarakis was rebrought in as the chief Greek negotiator in the team negotiating the terms of the third bailout package. He replaced Nicholas Theocarakis, who was considered an ally of Yanis Varoufakis. Chouliarakis was praised by Thomas Wieser, the president of the EU's Economic and Financial Committee, as being a "gifted negotiator".[5] He has been called "the invisible negotiator" by some of the Athens media due to being notoriously media-shy.[6] The Wall Street Journal described him as a "constructive interlocutor".[7] Alternatively, in his political memoir adults in the room,[8] Yanis Varoufakis describes Chourialakis as instrumental to the failure of Syria's first mandate negotiations, "[demonstrating] himself and his team to be utterly unwilling and possibly incapable of doing anything beyond regurgitating the troika's models and projections".

On 28 August 2015, Chouliarakis was sworn in as the interim Minister of Finance in the Caretaker Cabinet of Vassiliki Thanou-Christophilou, replacing Euclid Tsakalotos. His appointment was praised by Jeroen Dijsselbloem, the president of the Eurogroup, who said: "[Chouliarakis] knows what he's doing because he was top man in the ministry for the past year and half." Tsakalotos also praised his successor, saying: "I am certain that with his work, as always, and with his devotion to the public good it would be difficult to think of a better interim finance minister, someone who loves what he does and does it very well."[6]

Following the September legislative election and the formation of the second Tsipras cabinet, Chouliarakis was re-appointed to the Ministry of Finance as an Alternate Minister of Finance, serving under Tsakalotos as Minister of Finance. His responsibilities included overseeing the national accounts office, "a post seen as critical to achieving the ambitious fiscal targets set by the bailout programme" according to the Financial Times.[9] Chouliarakis, in his capacity as an Alternate Minister of Finance, is also a member of the Board of Directors of the European Financial Stability Facility (EFSF).[10] Chouliarakis has also resumed the role of Chairman of the Council of Economic Advisors (SOE), and in that capacity is a member of the Board of Directors of the Greek Public Debt Management Agency.[11]

• "Deja vu? The Greek crisis experience, the 2010s versus the 1930s. Lessons from history" (with Sophia Lazaretou, Working Paper, Bank of Greece, No. 176, February 2014) PDF
• "A fair wage model of unemployment with inertia in fairness perceptions" (with Mónica Correa-López, Oxford Economic Papers, 2012)
• "Monetary institutions, imperfect competition and employment outcomes" (with Mónica Correa-López, The North-American Journal of Economics and Finance, Volume 22, Issue 2, pp. 131–148, 2011)
• "Business cycle synchronization since 1880" (with Michael Artis and P. K. G. Harischandra, The Manchester School, Volume 72, Issue 2, pp. 173–207, 2011) PDF
• "Do exchange rate regimes matter for inflation persistence?" (with P. K. G. Harischandra, Theory and Evidence from the History of UK and US Inflation, 2008) PDF
• "Catching-up, then falling behind: Comparative productivity growth between Spain and the United Kingdom, 1950-2004" (with Mónica Correa-López, Centre for Growth and Business Cycle Research Discussion Paper Series, University of Manchester, No. 131, 2009) PDF

References:[12]

• Greek government-debt crisis