Journal Article

Never Catching-up: The roots of the Greek Tragedy (original publication German only)


  • Schrader
  • K.
  • Laaser
  • C.-F.
Publication Date

The EU saved Greece from bankruptcy because it deemed Greece’s problems had been caused by the global economic and financial crisis and would thus be of a temporary nature. The authors prove in their contribution that Greece has been living beyond its means for a long time. They also make suggestions as to how Greece can solve its problems on its own.


Key Words

  • Debt crisis
  • economic development
  • Economic Structures
  • Greece
  • Reforms