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of the modern era. The economic crisis in Greece is a potential international disaster and one of the most extraordinary …, its causes, its course, and its meaning, as well as the viability of the austerity program imposed on the Greek citizenry …Welcome to the poisoned chalice -- Part I. 2010-2014. Europe's crisis : thinking it through to the end -- Greece and …
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consolidation and explains why austerity is so fiercely advocated by both core and periphery governments. The main reasons for the … governments, in cooperation with the European Commission, the ECB and the IMF, based on further austerity and wage cuts aggravate … to its disintegration. Considering the debt crisis as a problem of the PIIGS (Portugal, Ireland, Italy, Greece, Spain …
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