ΠΟΛΙΤΙΚΗ ΚΑΙ ΑΠΟΨΕΙΣ

In 1991, when the Maastricht Treaty was signed an entirely new economic project was created. The Economic and Monetary Union (EMU) was unique not only because its area, magnitude and extension were unprecedented, but also because the European countries transferred important elements of their political and economic sovereignty to transnational and intergovernmental institutions. In fact, the EMU signalled a new epoch in the history of human economic cooperation and organization. However, nearly twenty years later the unique project is not as stable as its founders dreamed. The Greek crisis that started in 2009 revealed its endogenous and exogenous flaws both in political and economic areas. In 2009, nobody in Greece could link the Greek domestic political and economic problems with the European Union (EU). Yes, in Greece there are huge and severe political and economic deficiencies and flaws. One could enumerate hundreds political and economic problems like the high inflation rates, un