Germany on the Greek financial crisis (2009–2015) Cover Image

Niemcy wobec greckiego kryzysu finansowego (2009-2015)
Germany on the Greek financial crisis (2009–2015)

Author(s): Bogdan Koszel
Subject(s): Politics / Political Sciences, Politics, Economy, National Economy, Economic policy
Published by: Uniwersytet Adama Mickiewicza
Keywords: Germany; Greece; financial crisis

Summary/Abstract: The author of the paper analyses the German position on the Greek crisis in public finances after 2009. He points out that providing financial aid to Greece was never questioned, even in Germany. What the government of Angela Merkel had in mind, however, was for Greece to implement strict austerity and budgetary discipline, on which the assistance from international financial institutions would rely. In its policy towards Greece, the German Chancellor had to take into account the reactions of German society, which was reluctant to make concessions and further outlays from the German budget for the defaulting partner.

  • Issue Year: 2015
  • Issue No: 4
  • Page Range: 7-18
  • Page Count: 12
  • Language: Polish