The Greek Crisis and Its Repercussions on the Balkan Neighbourhood: The End of the Myth

ULUSLARARASI İLİŞKİLER, VOLUME 15, NUMBER 58, 2018

Marilena KOPPA*

ABSTRACT

This article explores the role of Greece in the Balkans since the end of Communism and the impact of the sovereign debt crisis that followed. Since the beginning of the 1990s, while Greece failed to accomplish its vocation at the political level, at the level of the economy the country acted as an important regional actor. The article examines the dynamics of the Greek crisis on the Balkan economies and analyses the major challenges for Greece in this new reality. At the same times, it tries to identify the triple crisis faced currently by Greece: at the level of credibility and status, at the level of mediation between the region and the EU and, finally, at the level of the gradual peripherisation of the country.

Keywords: Crisis, Balkans, Greek Banks, Migration, EU

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* Assoc. Prof. Dr., Department of International, European and Regional Studies, Panteion University, Athens.


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