Download this Paper Open PDF in Browser

The Greek Crisis 2009-2015: A Comprehensive Analysis of the EU-IMF Financial Assistance Programs

International Journal of Employment Studies 24(2): 7-34, 2016

29 Pages Posted: 2 Mar 2017  

Alexandros Kyriakidis

University of Macedonia, Department of International and European Studies

Date Written: 2016

Abstract

The Eurozone crisis has constituted one of the most dramatic events in the history of the European Union (EU), and has been the reason for an extensive overhaul of the EU operating framework (particularly for the Eurozone). The first Eurozone Member State to resort to the then ad hoc EU-IMF financial assistance cooperation was Greece, opening the door of the Eurozone to the IMF and, simultaneously, to the further integration of the Economic and Monetary Union. Today, of the five Eurozone Member States that eventually requested EU-IMF financial assistance (Greece, Ireland, Portugal, Spain, Cyprus), Greece is the only one still receiving assistance. Despite the importance of the case of Greece, further contributions can be offered to the existing scholarship in relation to the specifics and modalities of the assistance programs and their transference within the Greek ordre public, something otherwise mostly absent from the field. The aim of this article is to provide a detailed analysis of the Greek crisis from its beginning in late-2009 until today, and investigate how exactly the measures assumed in the context of financial assistance unfolded.

Suggested Citation

Kyriakidis, Alexandros, The Greek Crisis 2009-2015: A Comprehensive Analysis of the EU-IMF Financial Assistance Programs (2016). International Journal of Employment Studies 24(2): 7-34, 2016. Available at SSRN: https://ssrn.com/abstract=2925870

Alexandros Kyriakidis (Contact Author)

University of Macedonia, Department of International and European Studies ( email )

156 Egnatia St.
PO 1591
Thessaloniki
Greece

Paper statistics

Downloads
37
Abstract Views
144