The Konstantinos Karamanlis Institute for Democracy Yearbook 2011 Th

In all probability 2011 is going to be one of the most critical years in recent decades. The problems created by the global economic crisis continue to affect the lives of ordinary people and could become a source of social instability. At the same time,

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The Konstantinos Karamanlis Institute for Democracy Yearbook series features collections of essays on international politics, written from a European point of view. Each volume reflects on events that marked the previous year and addresses the challenges ahead. Eminent political figures, academics, diplomats, journalists, and professionals offer their views on diverse political, economic, social, and ideological issues that have shaped and continue to affect contemporary political and social dynamics within and beyond state borders.

Konstantina E. Botsiou • Antonis Klapsis Editors

The Konstantinos Karamanlis Institute for Democracy Yearbook 2011 The Global Economic Crisis and the Case of Greece

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Editors Dr Konstantina E. Botsiou Associate Professor, University of Peloponnese Director General Konstantinos Karamanlis Institute for Democracy 10, Vas. Sofias Ave. 10674 Athens Greece [email protected]

Dr Antonis Klapsis Head of Publications and Research Programmes Konstantinos Karamanlis Institute for Democracy 10, Vas. Sofias Ave. 10674 Athens Greece [email protected]

This is a joint publication of the Centre for European Studies and the Konstantinos Karamanlis Institute for Democracy. This publication receives funding from the European Parliament. The Centre for European Studies, the Konstantinos Karamanlis Institute for Democracy and the European Parliament assume no responsibility for facts or opinions expressed in this publication or any subsequent use of the information contained therein. Sole responsibility lies on the authors of the publication.

ISSN 1868-2111 e-ISSN 1868-212X ISBN 978-3-642-18414-7 e-ISBN 978-3-642-18415-4 DOI 10.1007/ 978-3-642-18415-4 Springer Heidelberg Dordrecht London New York The Konstantinos Karamanlis Institute for Democracy Yearbook Series

© Konstantinos Karamanlis Institute for Democracy, Athens 2011 Published by Springer-Verlag Berlin Heidelberg 2011. All Rights Reserved The processing of the manuscript was concluded in 2010 This work is subject to copyright. All rights are reserved, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilm or in any other way, and storage in data banks. Duplication of this publication or parts thereof is permitted only under the provisions of the German Copyright Law of September 9, 1965, in its current version, and permission for use must always be obtained from The Constantinos Karamanlis Institute for Democracy. Violations are liable to prosecution under the German Copyright Law. The use of general descriptive names, registered names, trademarks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. Cover design: eStudio Calamar S.L. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)

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