[MGSA-L] Europe’s Greek crisis in transition - A liberal approach

Athanasios Grammenos athanasiosgrammenos at gmail.com
Wed Feb 7 05:52:22 PST 2018

Athanasios Grammenos, "Europe's Greek Crisis in transition - A
Liberal Approach," Policy Reports (Brussels: European Liberal Forum, 2017).

*Permanent link* <http://www.liberalforum.eu/en/publications.html>


The common currency has been an ambitious and complex experiment for
Europe, especially given the incomplete political and economic state of the
Union up to day. When in 2009 it became apparent that Greece could default
on its debt the Eurozone leadership felt the danger of a domino effect
strong enough to generate acute damage to the rest member states. Although
an adjustment program was agreed, and two more followed for Greece, the
situation is still grave. The systemic danger is no more but the country is
yet unable to recover despite the vast reform agenda it has carried through
so far. This paper tries to assess the cause of the ongoing Greek problem
in the context of the EU crisis, the efficiency of the applied policies and
discuss a liberal alternative to put Greece and the EU back in normality.

*And if you find her poor, Ithaka won’t have fooled you.*
*Wise as you will have become, so full of experience,*
*you will have understood by then what these Ithakas mean. *
*Constantine Cavafy*

*Εσμέν Έλληνες το γένος, ως η τε φωνή και η πάτριος παιδεία μαρτυρεί.We
 are ethnic Greeks, as our tongue and education reveals.Plethon Gemistos*
*Blessed are those who hunger and thirst for righteousness, for they will
be filled. *
*Mακάριοι οἱ πεινῶντες καὶ διψῶντες τὴν δικαιοσύνην, ὅτι αὐτοὶ
χορτασθήσονται.Matthew 5:6*
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