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Greece
in Capitalising on constraint
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Chapter 2 focuses on the Greek case, from the start of the crisis in 2008, during the three successive bailout programmes (2010– 2018), and in the period after the end of the bailout until September 2019. As Greece was the first country to ask for a bailout, this chapter allows us to analyse the negotiations for the creation of the EU rescue mechanism, which were closely related to the first bailout. Given the succession of programmes, the Greek case also permits a comparison between the negotiations and implementation of different Memoranda led by different parties in the same country.

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Capitalising on constraint

Bailout politics in Eurozone countries

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