Southern Europe has been at the heart of the European sovereign debt crisis and in the vanguard of the programmes of radical economic austerity implemented to confront it. During the first two crisis years, the consequences for domestic political stability were dramatic. Across the region, 2010-11 saw the overthrow of incumbent governments, the breaking down of established political affiliations and the emergence of new political actors. The culmination was the simultaneous downfall of three South European governments in the space of eighteen days in November 2011.
This volume offers a...
Southern Europe has been at the heart of the European sovereign debt crisis and in the vanguard of the programmes of radical economic austerity imp...
Following the outbreak of the international financial crisis, Southern Europe became an epicentre of economic instability and international concern. The prospect of a sovereign debt default in the eurozone's 'flaky fringe' sent shock waves through the European and global economies. Examining the crucial initial phase, when the financial crisis was just beginning to spill over into the real economy, the volume surveys the impact of the September 2008 Lehman Brothers' collapse across the EU's southern periphery. The six South European eurozone members - Italy, Greece, Spain, Portugal, Cyprus...
Following the outbreak of the international financial crisis, Southern Europe became an epicentre of economic instability and international concern. T...
Both in Greece in 2012 and Italy in 2013, it took two elections to form a government. A repeat parliamentary contest was required in Greece and the unprecedented re-election of the outgoing President of the Republic in Italy before a cabinet could be formed. Against a background of economic crisis and national austerity, both countries experienced protest elections in which the overriding concern for an unusually large proportion of voters was not to choose a government but to express dissent. The outcome included record-breaking electoral volatility, the decline of bipolarism, the...
Both in Greece in 2012 and Italy in 2013, it took two elections to form a government. A repeat parliamentary contest was required in Greece and the...
