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The European debt crisisThe Greek case$
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Costas Simitis

Print publication date: 2014

Print ISBN-13: 9780719095795

Published to Manchester Scholarship Online: September 2014

DOI: 10.7228/manchester/9780719095795.001.0001

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The causes of the crisis were not only economic

The causes of the crisis were not only economic

Chapter:
(p.302) 31 The causes of the crisis were not only economic (p.303)
Source:
The European debt crisis
Author(s):

Costas Simitis

Publisher:
Manchester University Press
DOI:10.7228/manchester/9780719095795.003.0031

The chapter discusses the political context within which the financial crisis in Greece developed. It is argued that the country's political leadership became complacent and was unable to either foresee the crisis or articulate a credible plan for its solution. These shortcomings reveal longer-term pathologies of Greek politics rooted in history.

Keywords:   Greece, Eurozone, Clientelism, Nationalism, Modernisation, Political parties

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