Greece's economy symbolizes in many ways the Eurozone's economic problems and divergent interests as it amasses most of the economic disadvantages characterizing the Eurozone's economy itself. This book presents the economic and political challenges to Greece and the EU member states

Praise for the first edition: 'The new book by Michael Mitsopoulos and Theodore Pelagidis offers insightful analysis of the Greek drama. It makes fascinating reading and well demonstrates that the blame is widely shared.' André Sapir, University Professor, Université libre de Bruxelles,...

Einführung -- Gemeinsamer Markt.- Politische Institutionen der EU -- Europäisches System der Zentralbanken (ESZB) -- Europäische Kohäsionspolitik -- Agrarpolitik -- Koordination der Finanzpolitik - Stabilitäts- und Wachstumspaket -- Europäische Beschäftigungspolitik und die Offene Methode...

Einführung -- Theoretische Grundlagen -- Politische Institutionen der Europäischen Union -- Europäisches System der Zentralbanken (ESZB) -- Europäische Kohäsionspolitik -- Agrarpolitik -- Koordination der Finanzpolitik — Stabilitäts- und Wachstumspakt -- Europäische...

Within the New Consensus Macroeconomics, monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide. This book raises problems...