European Academic Research ISSN 2286-4822
ISSN-L 2286-4822
Impact Factor: 3.4546 (UIF)
DRJI Value : 5.9 (B+)
Article Details :
Article Name :
The Greek crisis babushka: A crisis, within a crisis, within a crisis
Author Name :
PANAGIOTIS MANOLAKOS (PhD cand.)1
Publisher :
Bridge Center
Article URL :
Abstract :
The origins of the ongoing Greek crisis cannot be explained without taking into account several factors. We argue that the three main are the general context that caused it (the 2007 financial crisis), the failed modernization policies of the 1996-2009 period and the Eurozone architecture. The Greek crisis started in the greywater of the 2007 crisis and in conjunction with a number of weaknesses of the Greek economy and certain characteristics of the Greek social structure on the one hand as well as weaknesses of the European institutions and flaws in the architecture of Eurozone, who acted as an amplifier, on the other. We also emphasize on the role that concepts like Identity (or the lack of it) played.
Keywords :
Greece, crisis, Eurozone, identity, economy, modernization, Elite.

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