Abstract
Since 2009, Greece has faced serious economic challenges. It has tried to resolve them together with the Troika.
As of 2014, the Greek economy seems to be inching toward recovery. Th is paper analyses the causes of the economic crisis in Greece, the evolution of the crisis, and its impact on Greek politics and society.
It opposes the current tendency to interpret the Greek crisis as a simple economic slump. It argues that the origins of the Greek crisis can be traced back to the foundations of the Greek political system.
Secondly, the paper focuses on the methods chosen by the Troika and the Greek state to resolve the Greek economic crisis. It claims that they have been unsuccessful, since they severely burdened Greek society and led indirectly to radical changes in the Greek party system that have given rise to populist and extremist political parties.