The Eurozone Crisis, Greece and European Integration

Around 2010, a shift in the EU-understanding of austerity took place – from a future-orientated vision based on concepts of solidarity, cohesion and subsidiarity, to a crisis-driven present shaped around the imperatives of immediate fiscal discipline and debt repayment. This has had contradictory effects, producing widespread divisions, disunity and rising nationalism across Europe on one hand, and new forms of social solidarity and resistance on the other.