The Greek crisis illustrates both the poverty of Syriza’s ideology and the flaws in the EU’s balance-sheet approach to decision-making

Fatsis, Lambros (2015) The Greek crisis illustrates both the poverty of Syriza’s ideology and the flaws in the EU’s balance-sheet approach to decision-making. [Online resource]
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Who carries the blame for the Greek debt crisis: the country’s government or its creditors? Lambros Fatsis writes that while there is a tendency to blame one side or the other for the crisis, both sides must take joint-responsibility for the failure to negotiate a solution. He argues that the Syriza-led government’s stubbornly uncooperative stance has undermined the country’s position, while the EU’s decision to place a premium on economic concerns at the expense of political questions has been similarly damaging.


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