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The Eurozone Debt Crisis

Syrrakos, D and Theodore, J and Theodore, J (2017) The Eurozone Debt Crisis. In: The European Union and the Eurozone under Stress: Challenges and Solutions for Repairing Fault Lines in the European Project. Palgrave Macmillan, pp. 27-56. ISBN 978-3-319-52291-3

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Abstract

This chapter deals with the debt crisis in further detail and the problematic austerity measures taken to contain it – most notably, the Greek bailout. It also explores the inherent problem of fixed exchange rate regimes in the European Monetary Union.

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