The title of this collective volume refers to the country where the European sovereign debt crisis began, while its contents concentrate on the extent to which this crisis should be a national or a European concern. Moreover, the focus on Greece stimulates discussion about the neglected factor of the shadow economy and the potential to boost government revenue through its successful transfer to the formal economy.
The chapters address the inefficiencies of both euro-area institutions and policies adopted to exit the current predicament. Experts from several disciplines review the literature and critically evaluate the existence of issues such as contagion effects, domino effects, deflationary spirals, institutional efficiency and the reality of the option to exit the euro-area.
Dr Ioannis Papadopoulos is an Assistant Professor at the University of Macedonia in Thessaloniki, Greece, and a Visiting Professor at the University Panthéon-Sorbonne Paris 1 and Sciences Po in Paris, France. His fields of interest include political and legal philosophy, comparative constitutional law and human rights, and European policies. He has published four books (winning an award for one of them) and several articles in French, American, Italian, and Belgian scholarly journals.
Vasileios A. Vlachos is a PhD candidate at the Department of International and European Studies at the University of Macedonia in Thessaloniki, Greece. He is a member of both the organising and the scientific committees of the International Conference on International Business, and his publications and recent research interests concern direct investment, economic growth, unemployment and the shadow economy.