It was the disaster that nearly broke Europe. As the world looked on aghast, the European Union’s totemic and preeminent project, the Euro, lurched from crisis to crisis. In the fourth episode in the series, Luke Cooper investigates the travails of the Eurozone. Focusing on the origins of the Greek tragedy, he argues that we need to place the crisis in its proper context –specifically, the globalisation of financial markets – to understand what went wrong and why.
Between Dream and Tragedy: Europe’s story after 1989