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The next crisis in Greece - Still Europe's weak link

  • Date(s)
    14 October 2014
  • Time
    08:45 AM - 10:00 AM
The next crisis in Greece - Still Europe's weak link

Since late 2009, Greece has continually flirted with political and financial chaos and been mired in a pro-longed period of austerity. This event offers an opportunity to discuss the forces behind the climate of economic depression, institutional failure and social breakdown since the country's Great Crisis began. It will feature Yannis Palaiologos, author of ‘The 13th Labour of Hercules: Inside the Greek Crisis’ which explores the sudden collapse of the Greek economy and why it has proved so hard for it to stand on its feet again.

The event will also discuss the state of the Greek political landscape ahead of a potential 2015 election. The fractious coalition of the centre-right New Democracy (ND) party and the PanHellenic Socialist Movement (Pasok) is now widely blamed for persistent economic decline as Greece has moved from one failed rescue programme to another. While Pasok are currently placed around 6% in the polls, Syriza, he left-wing movement led by Alex Tsipras, have seen a recent surge of support, giving them the edge over ND. Worryingly, this all takes place alongside the continued rise of Greece’s third largest party, the neo-Nazi Golden Dawn.

What are the drivers behind populism and the fragmentation of Greece’s political system? With sustained support for Syriza, what should be the attitude of the EU towards Greece and how can Greece’s chances for an accelerated recovery be enhanced?

Lead speaker:
Yannis Palaiologos, reporter, Kathimerini newspaper and author, The Thirteenth Labour of Hercules: Inside the Greek Crisis

Respondents:
Simon Nixon, chief European commentator of the Wall Street Journal
Vicky Pryce, economist and author of Greekonomics: The Euro crisis and why politicians don't get it
Roger Liddle, chair of Policy Network and member of the House of Lords

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