The Greek Crisis – The First Battle for Europe

What kind of problems derive in the present Greek crisis from the fact that the launch of the euro was based on the relations of exchange and conditions of the German economy? It is possible at all for a less developed economy, during a lasting crisis, to successfully compete with more developed economies thus repaying its loans taken – when the Maastricht criteria seriously limit its economic policies making impossible to follow Keynesian, anti-cyclic and development policies. 

Original:  Dimitris Konstantakopoulos: La crise grecque : Première « bataille » d'une « guerre » pour l'Europe. Revue Internationale Utopie-Critique, mars, 2010