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The Syriza-led government was called on to drag Greece out of the financial crisis (Photo: EUobserver)

New model needed to save EU

Since 2010, Greece has been experiencing one of the deepest financial and social crises, as a result of decades-long mismanagement and corruption by the political leadership of the ND and Pasok parties.

In addition to that, austerity politics have further damaged an already weak economy with deep-rooted structural problems.

Between 2010 and 2014, the economic policy mix that has been implemented did not address the causes of the financial crisis, but, to the contrary, it worsene...

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The views expressed in this opinion piece are the author’s, not those of EUobserver
The Syriza-led government was called on to drag Greece out of the financial crisis (Photo: EUobserver)

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