The main aim of this paper is to contribute to the ongoing debate on the facets of the Greek crisis via an analysis of the changes in the institutional framework of the labour market that are introduced as a result of the EU/IMF mechanism for financial support. The paper tries to make sense of...

The article seeks to explain how institutions change within varieties of capitalism, focusing on an important institution for the world of work: wage bargaining. Although there is a widespread expectation that liberalization and firms’ needs for flexibility brings convergence to the...