George Chouliarakis
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George Chouliarakis ( el, Γιώργος Χουλιαράκης), also transliterated as Giorgos Houliarakis, is a Greek academic and politician who served as an Alternate Minister of Finance in the
Second Cabinet of Alexis Tsipras The Second Cabinet of Alexis Tsipras was sworn in on 23 September 2015, following the Greek legislative election in September 2015. Alexis Tsipras, leader of Syriza, was sworn in as Prime Minister of Greece on 21 September, having agreed to re- ...
, serving under
Euclid Tsakalotos Euclid Stefanou Tsakalotos ( el, Ευκλείδης Στεφάνου Τσακαλώτος, ; born 1960) is a Greek economist and politician who was Minister of Finance of Greece from 2015 to 2019. He is also a member of the Central Committee of ...
. Chouliarakis was formerly the interim
Minister of Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...
in the caretaker government led by
Vassiliki Thanou-Christophilou Vasiliki Thanou-Christophilou ( el, Βασιλική Θάνου-Χριστοφίλου, ; born 3 November 1950), also known as just Vasiliki Thanou, is a Greek judge who served as caretaker Prime Minister of Greece from 27 August to 21 September ...
. He is currently a lecturer in economics at the
University of Manchester , mottoeng = Knowledge, Wisdom, Humanity , established = 2004 – University of Manchester Predecessor institutions: 1956 – UMIST (as university college; university 1994) 1904 – Victoria University of Manchester 1880 – Victoria Univ ...
, and was also the chief negotiator for the Greek government in the run-up to the third bailout package.


Education

Chouliarakis was born in
Iasmos Iasmos ( el, Ίασμος; tr, Yassıköy; ) is a town and a municipality in the Rhodope regional unit of Thrace, Greece. It is built on the side of the Rhodope Mountains. Although references about the village date back to the 16th Century, it i ...
and studied economics at the
University of Athens The National and Kapodistrian University of Athens (NKUA; el, Εθνικό και Καποδιστριακό Πανεπιστήμιο Αθηνών, ''Ethnikó ke Kapodistriakó Panepistímio Athinón''), usually referred to simply as the Univers ...
, before completing a
Master's degree A master's degree (from Latin ) is an academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional practice.
at the
University of London The University of London (UoL; abbreviated as Lond or more rarely Londin in post-nominals) is a federal public research university located in London, England, United Kingdom. The university was established by royal charter in 1836 as a degree ...
. He later completed his PhD in economics at the
University of Warwick , mottoeng = Mind moves matter , established = , type = Public research university , endowment = £7.0 million (2021) , budget = £698.2 million (2020 ...
.


Academic career

Chouliarakis has taught economics at the
University of Essex The University of Essex is a public research university in Essex, England. Established by royal charter in 1965, Essex is one of the original plate glass universities. Essex's shield consists of the ancient arms attributed to the Kingdom of Es ...
, and has been a research fellow at the Institute for Employment Research of the
University of Warwick , mottoeng = Mind moves matter , established = , type = Public research university , endowment = £7.0 million (2021) , budget = £698.2 million (2020 ...
. He is currently the Jean Monnet Lecturer in European Economic Integration at the
University of Manchester , mottoeng = Knowledge, Wisdom, Humanity , established = 2004 – University of Manchester Predecessor institutions: 1956 – UMIST (as university college; university 1994) 1904 – Victoria University of Manchester 1880 – Victoria Univ ...
. He is also a visiting scholar at the Bank of Greece and a fellow of the Euro Area Business Cycle Network. His research interests include macroeconomics,
economic history Economic history is the academic learning of economies or economic events of the past. Research is conducted using a combination of historical methods, statistical methods and the application of economic theory to historical situations and i ...
, labour economics, international macroeconomics and the macroeconomics of
monetary union A currency union (also known as monetary union) is an intergovernmental agreement that involves two or more states sharing the same currency. These states may not necessarily have any further integration (such as an economic and monetary union, ...
s.


Political career

Chouliarakis has served as Chairman of the Council of Economic Advisers (SOE), and in this capacity has accompanied ministers, such as
Euclid Tsakalotos Euclid Stefanou Tsakalotos ( el, Ευκλείδης Στεφάνου Τσακαλώτος, ; born 1960) is a Greek economist and politician who was Minister of Finance of Greece from 2015 to 2019. He is also a member of the Central Committee of ...
, to meetings in
Brussels Brussels (french: Bruxelles or ; nl, Brussel ), officially the Brussels-Capital Region (All text and all but one graphic show the English name as Brussels-Capital Region.) (french: link=no, Région de Bruxelles-Capitale; nl, link=no, Bruss ...
. He has also been described as an "ally" of the
Deputy Prime Minister of Greece The Deputy Prime Minister of Greece ( el, Αντιπρόεδρος της Κυβερνήσεως, "Vice-President of the Government"; older form: Αντιπρόεδρος του Υπουργικού Συμβουλίου, "Vice-President of the ...
, Yannis Dragasakis. 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 Nicholas Theocarakis, also transcribed as Nikos Theocharakis ( el, Νίκος Θεοχαράκης, born 1956), is a Greek economist and professor of economics at Athens University. He is the author of several books and contributions on economic ...
, who was considered an ally of
Yanis Varoufakis Ioannis "Yanis" Varoufakis ( el, Ιωάννης Γεωργίου "Γιάνης" Βαρουφάκης, Ioánnis Georgíou "Giánis" Varoufákis, ; born 24 March 1961) is a Greek economist and politician. A former academic, he served as the Gree ...
. Chouliarakis was praised by Thomas Wieser, the president of the EU's Economic and Financial Committee, as being a "gifted negotiator". He has been called "the invisible negotiator" by some of the
Athens Athens ( ; el, Αθήνα, Athína ; grc, Ἀθῆναι, Athênai (pl.) ) is both the capital and largest city of Greece. With a population close to four million, it is also the seventh largest city in the European Union. Athens dominates ...
media due to being notoriously media-shy. The ''
Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
'' described him as a "constructive interlocutor". Alternatively, in his political memoir
adults in the room ''Adults in the Room'' ( gr, Ενήλικοι στην αίθουσα, Enílikoi stin aíthousa) is a 2019 French-Greek political film directed by Costa-Gavras. It is based on the book ''Adults in the Room: My Battle with Europe's Deep Establishme ...
,
Yanis Varoufakis Ioannis "Yanis" Varoufakis ( el, Ιωάννης Γεωργίου "Γιάνης" Βαρουφάκης, Ioánnis Georgíou "Giánis" Varoufákis, ; born 24 March 1961) is a Greek economist and politician. A former academic, he served as the Gree ...
describes Chourialakis as instrumental to the failure of Syria's first mandate negotiations, " emonstratinghimself 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 A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...
in the Caretaker Cabinet of Vassiliki Thanou-Christophilou, replacing
Euclid Tsakalotos Euclid Stefanou Tsakalotos ( el, Ευκλείδης Στεφάνου Τσακαλώτος, ; born 1960) is a Greek economist and politician who was Minister of Finance of Greece from 2015 to 2019. He is also a member of the Central Committee of ...
. His appointment was praised by
Jeroen Dijsselbloem Jeroen René Victor Anton Dijsselbloem (; born 29 March 1966) is a Dutch politician and economist serving as Mayor of Eindhoven since 13 September 2022, succeeding John Jorritsma (VVD). A member of the Labour Party (PvdA), he has also been Ch ...
, the president of the
Eurogroup The Eurogroup is the recognised collective term for the informal meetings of the finance ministers of the eurozone—those member states of the European Union (EU) which have adopted the euro as their official currency. The group has 19 membe ...
, who said: " houliarakisknows 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." 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 The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Ni ...
''. 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 The European Financial Stability Facility (EFSF) is a special purpose vehicle financed by members of the eurozone to address the European sovereign-debt crisis. It was agreed by the Council of the European Union on 9 May 2010, with the objectiv ...
(EFSF). 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.


Article and papers

* "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 , mottoeng = Knowledge, Wisdom, Humanity , established = 2004 – University of Manchester Predecessor institutions: 1956 – UMIST (as university college; university 1994) 1904 – Victoria University of Manchester 1880 – Victoria Univ ...
, No. 131, 2009
PDF
References:


See also

*
Greek government-debt crisis Greece faced a sovereign debt crisis in the aftermath of the financial crisis of 2007–2008. Widely known in the country as The Crisis ( Greek: Η Κρίση), it reached the populace as a series of sudden reforms and austerity measures that ...


References

{{DEFAULTSORT:Chouliarakis, George Academics of the University of Manchester Alumni of the University of Warwick Alumni of the University of London Finance ministers of Greece 20th-century Greek economists Greek government-debt crisis Living people Year of birth missing (living people) People from Rhodope (regional unit)