This expanded and enlarged third edition of Theodore Pelagidis and Michael Mitsopoulos' popular Who’s to Blame for Greece? covers almost a decade of Greece's economic crisis from 2009 to 2019, as well as recent developments in the first months of 2020. It provides an overview of recent...

Introduction -- The "party period" before the crisis -- The costs and benefits for joining a common currency with emphasis on weaker member-states -- Greece before the crisis : the critical years in domestic politics -- What the imf and EU bodies were reporting for greece during the accession...

Apart from its widely accepted direct advantages, the introduction of the euro has been accompanied by a surge of inflation in most of the EU member states. At the same time, wages-in part, wages of the unskilled-are relatively losing ground, while the purchasing power of the average European...