Introduction -- The tempest of progress: the search for economic stability after the dictatorship -- These games with numbers have to stop: Greece in the Euro area -- An unprecedented crisis: the second Kostas Karamanlis government, global financial turmoil and a local economic downturn -- Even in our worst nightmares: the Papandreou government, the sovereign debt crisis and the signing of the memorandum -- Faltering at the Rubicon: the difficulties of the memorandum -- Surprised by the surprise: the wider Euro zone crisis and the fall of the Papandreou government -- Marathon is indeed a Greek word: the Papademos government and the restructuring of the sovereign debt -- Reform and resistance: politics during the crisis -- Internal devaluation and depression: the economy during the crisis -- The great crisis.
Summary:
Few countries experienced the period of turbulence surrounding the global financial crisis as intensely as Greece. The country topped the global news agenda as images of mass protests in Athens jostled for space with reports of torturous negotiations between political leaders struggling to agree support packages. Dramatic headlines proclaimed not only Greek bankruptcy and a possible exit from the euro, but the collapse of the single currency itself. This book offers a comprehensive and authoritative account of the lengthy crisis that beset Greece and the wider Eurozone. Written for the general reader, it explores the passage of events from different perspectives as it probes the story behind the headlines to reveal the full complexity of the crisis. Were its causes to be found in the prevailing international financial environment or in the economic and political system which evolved in Greece since the early 1970s? Did the choices made by both domestic and international actors such as the IMF and the EU exacerbate the crisis? Most importantly, what has been the impact of the crisis on the daily lives of the country's inhabitants? -- Provided by publisher.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.