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eurozone
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Journal Article
Mediterranean Quarterly (2015) 26 (3): 5–17.
Published: 01 September 2015
...Elias Kulukundis The crisis of the eurozone has narrowed to a conflict between Greece and Germany. At times it has appeared to be a family quarrel with all the animosity that a family can generate. The two are like an elderly father and an adolescent son unable to talk to each other. The son...
Journal Article
Mediterranean Quarterly (2013) 24 (3): 56–73.
Published: 01 September 2013
...George C. Georgiou This essay analyzes Cyprus's financial crisis and its potential threat to the eurozone. The focus is on the economic consequences of the terms of the bailout agreement dictated by the Troika or Eurogroup for the Cyprus economy as well as its significance for any future bailouts...
Journal Article
Mediterranean Quarterly (2016) 27 (1): 30–54.
Published: 01 March 2016
... on Greece's implementation of these measures. Given that the European lenders had their reasons for setting things up this way, it was not long before Greece's strong anti-austerity drive set the country on a collision course with the eurozone. The negotiations between the two sides are examined in this essay...
Journal Article
Mediterranean Quarterly (2014) 25 (3): 74–98.
Published: 01 September 2014
... pre-
vails in Greece today. To listen to the Greek ruling coalition and its sup-
porters, you might form the impression that Greece has “turned the corner”
or that a “Grexit” (Greek exit from the eurozone) will not happen and has
been replaced by its opposite, “Grecovery.” Anyone presenting...
Journal Article
Mediterranean Quarterly (2014) 25 (1): 95–104.
Published: 01 March 2014
... of March 2013, when it looked
as if Cyprus might be the first member of the eurozone to be forced out of it.
The (partial) resolution of this crisis has left Cyprus weakened and vulner-
able to political pressure.
Cyprus suffered from the fact that the Europe-wide crisis of the eurozone...
Journal Article
Mediterranean Quarterly (2016) 27 (1): 55–70.
Published: 01 March 2016
... is a former alternate executive director at the International Monetary Fund representing Albania, Greece, Italy, Portugal, Malta, and San Marino. Copyright 2016 by Mediterranean Affairs, Inc. 2016 Greece IMF Eurogroup eurozone The Greek Economic Crisis:
Myths, Misperceptions, Truths...
Journal Article
Mediterranean Quarterly (2015) 26 (3): 18–28.
Published: 01 September 2015
... government pledged to end austerity, reverse privatization, and reforms and to achieve at least partial debt forgiveness. A Greek departure from the eurozone was possible. A Greece adrift would leave it vulnerable to the blandishments of Russia, China, and other parties. Should such a shift occur, it would...
Journal Article
Mediterranean Quarterly (2010) 21 (4): 38–54.
Published: 01 December 2010
...-year loans from other eurozone member states and
the International Monetary Fund (IMF). German chancellor Angela Merkel
initially insisted on market rates, but on 11 April agreed to a maximum inter-
est rate ceiling of about 5 percent — below the 7.5 percent the Greeks had
been paying...
Journal Article
Mediterranean Quarterly (2015) 26 (3): 29–48.
Published: 01 September 2015
... disappointment toward the new currency. In addition, the eurozone crisis that started in 2010 led to the formation of a technocratic government led by Mario Monti, who was also received with large expectations that were subsequently not met, which further increased disillusionment. Disillusionment is partially...
Journal Article
Mediterranean Quarterly (2010) 21 (4): 1–6.
Published: 01 December 2010
... well on the road to recovery, the dangers for the eurozone are still
present, as European and global economic recovery remains fragile and the
flawed systems that created this crisis remain very much intact.
The Greek Crisis in the Global Context
The recent crisis in Greece has...
Journal Article
Mediterranean Quarterly (2016) 27 (1): 1–4.
Published: 01 March 2016
... with Greece’s
eurozone partners, the resulting package negotiated with those angry part-
ners ensures that Greece’s economic future will remain in limbo for some
time. George Bistis’s essay, “From Karamanlis to Tsipras: The Greek Debt
Crisis through Historical and Political Perspectives,” places...
Journal Article
Mediterranean Quarterly (2011) 22 (2): 76–83.
Published: 01 June 2011
...: Goldman Sachs.5 In sophisti-
cated schemes on how to cook the books and “Europeanize” the Greek econ-
omy, Goldman Sachs baptized a phony cocktail of derivatives as “assets” to
make the Greeks seem wealthier than they really were so that they could be
admitted to the eurozone as an “advanced...
Journal Article
Mediterranean Quarterly (2015) 26 (3): 1–4.
Published: 01 September 2015
... the entire European Monetary Union experiment.
The first two essays in this issue of the Mediterranean Quarterly address
the ongoing Greek financial crisis and demonstrate that this very complex
issue is indeed a moving target. “Conflict in the Eurozone: A View from
Athens,” by Elias Kulukundis...
Journal Article
Mediterranean Quarterly (2016) 27 (3): 1–5.
Published: 01 September 2016
... befallen Spain, Italy, Portugal, and, of course, Greece,
which nearly crashed out of the eurozone in July 2015. In addition, London
also did not become a party to the Schengen Agreement allowing for the
free movement of people among Schengen member-states, and therefore it
has been able to enforce...
Journal Article
Mediterranean Quarterly (2016) 27 (4): 149–152.
Published: 01 December 2016
... Greece came to the brink of
economic catastrophe and exit from the eurozone, a phenomenon known as Grexit.
Among the recent publications is Welcome to the Poisoned Chalice, the work of
American economist James K. Galbraith, who served as unofficial advisor to Yanis
Varoufakis, finance minister...
Journal Article
Mediterranean Quarterly (2010) 21 (4): 77–92.
Published: 01 December 2010
... of political science, Emmanuel College, Boston. Maastricht and the Death of Social Democracy:
The Creation of a Consumer Culture
Petros Vamvakas
The global financial crisis of 2009 and the eurozone crisis of 2010 have
raised central questions regarding...
Journal Article
Mediterranean Quarterly (2014) 25 (4): 124–140.
Published: 01 December 2014
... as diverse as the Arab Spring and the eurozone crisis, has left a
political vacuum. Taken together, global imperatives for energy, markets,
resources, and ecological concerns are creating a new regional dynamic with
new rivalries, symmetries, and alliances emerging.
From the Italian peninsula...
Journal Article
Mediterranean Quarterly (2015) 26 (2): 63–79.
Published: 01 June 2015
... to “liberate” Greece), but also to armed British intervention during
the battle of Athens in December 1944, as well as the aforementioned Tru-
man Doctrine.23
And it could be argued that there was a moment in 2012 when Greece’s
membership in the eurozone (and perhaps even in the European Union...
Journal Article
Mediterranean Quarterly (2015) 26 (4): 1–12.
Published: 01 December 2015
... of the
Atlantic, while other urgent issues draw attention and time away from the
Russian and Middle East challenges in very noticeable ways.
In Europe, the eurozone is still struggling to recover from the economic
recession triggered by the financial crisis in the United States, and Greece’s
future...
Journal Article
Mediterranean Quarterly (2016) 27 (2): 1–4.
Published: 01 June 2016
... addresses the burdens of trying to
restructure its economy following the events of the summer of 2015, which
saw the country nearly drop out of the eurozone. Greece needs its European
partners now more than ever, and the Europeans in turn need to support
Greece to solve this sphynx-like conundrum...
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