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Mapping Economic Crisis In South Europe: Greece, Portugal And Cyprus

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  • DIMITRIOU Georgia
  • METAXAS Theodore

Abstract

The European crisis has been a subject of deep research for the past decade due to the extreme situations it has created in some countries. In this paper, we examine three of the countries that affected by the crisis: Greece, Portugal and Cyprus. The purpose of the paper is to try to understand the reasons some of these countries succeeded in overcoming the difficulties and the problems caused by the crisis while others could not find solutions easily.

Suggested Citation

  • DIMITRIOU Georgia & METAXAS Theodore, 2018. "Mapping Economic Crisis In South Europe: Greece, Portugal And Cyprus," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 18(2), pages 41-54.
  • Handle: RePEc:eaa:aeinde:v:18:y:2018:i:2_3
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    File URL: http://www.usc.es/~economet/reviews/aeid1823.pdf
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    References listed on IDEAS

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    1. Athanassiou, Phoebus, 2009. "Withdrawal and expulsion from the EU and EMU: some reflections," Legal Working Paper Series 10, European Central Bank.
    2. Stavros A. Zenios, 2013. "The Cyprus Debt: Perfect Crisis and a Way Forward," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 7(1), pages 3-45, June.
    3. Gros, Daniel, 2012. "Macroeconomic Imbalances in the Euro Area: Symptom or cause of the crisis?," CEPS Papers 6865, Centre for European Policy Studies.
    4. Will Bartlett & Ivana Prica, 2011. "The Variable Impact of the Global Economic Crisis in South East Europe," Economic Annals, Faculty of Economics, University of Belgrade, vol. 56(191), pages 7-34, October-D.
    5. Constantinos Stephanou, 2011. "The Banking System in Cyprus:Time to Rethink the Business Model?," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 5(2), pages 123-130, December.
    6. Anke Hassel, 2014. "Adjustments in the Eurozone: Varieties of Capitalism and the Crisis in Southern Europe," LEQS – LSE 'Europe in Question' Discussion Paper Series 76, European Institute, LSE.
    7. Anke Hassel, 2014. "Adjustments in the Eurozone: Varieties of Capitalism and the Crisis in Southern Europe," Europe in Question Discussion Paper Series of the London School of Economics (LEQs) 6, London School of Economics / European Institute.
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    More about this item

    Keywords

    European economy; financial crisis; debt; Southern Europe.;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation

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