The Politics of the Eurozone Crisis in Southern Europe

1. Front Matter

   Pages i-xi

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2. Introduction

   • Cecilia Emma Sottilotta, Leonardo Morlino

   Pages 1-11

3. How Member States Cope with the Eurozone Crisis

   • Sonja Puntscher Riekmann, Fabio Wasserfallen

   Pages 13-25

4. Institutional Inertia, Ignorance and Short-Circuit: Cyprus

   • Yiannos Katsourides

   Pages 27-56

5. In the Eye of the Hurricane: Greece

   • Dimitri A. Sotiropoulos

   Pages 57-83

6. Vincolo esterno or Muddling Through? Italy

   • Cecilia Emma Sottilotta

   Pages 85-107

7. Dissecting the Exceptional Case: Malta

   • Roderick Pace

   Pages 109-132

8. Unstable Preferences and Policy Changes: Spain

   • Xavier Coller, Fernando Ramírez de Luis

   Pages 133-171

9. Challenges and Opportunities Under Conditionality: Portugal

   • Marco Lisi, Vera Ramalhete

   Pages 173-201

10. Back Matter

    Pages 203-218

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This book provides an in-depth account of the politics of the Eurozone crisis in Italy, Spain, Greece, Portugal, Cyprus and Malta, mapping the positions expressed by the governments of Southern EU countries during the Eurozone crisis negotiations, including Greece’s bailout deal, the so-called “Six Pack” and the “Fiscal Compact” and exploring the process of domestic preference formation. The book relies on original data resulting from fieldwork conducted in the context of the EU Commission- funded Horizon 2020 project “The Choice for Europe since Maastricht”.

• Eurozone crisis
• Southern Europe
• Fiscal Compact
• Six Pack
• Liberal Intergovernmentalism
• Economic and Monetary Union
• Vincolo Esterno
• reforms
• European integration
• national preference formation
• negotiations
• Maastricht Treaties
• Cyprus
• Greece
• Italy
• Malta
• Portugal
• Spain
• financial crises
• european union politics

• LUISS Guido Carli, Rome, Italy

  Leonardo Morlino

• The American University of Rome, Rome, Italy

  Cecilia Emma Sottilotta

Leonardo Morlino is Emeritus Professor of Political Science at LUISS, Rome, Italy. He was President of the International Political Science Association (IPSA) (2009–2012). He is a specialist in comparative politics with expertise on Southern and Eastern Europe, Latin America and a focus on processes of democratization. He is the author of more than 30 books and 200 journal essays and book chapters published in 9 languages. 


Cecilia Emma Sottilotta is Assistant Professor of International Relations and Global Politics at the American University of Rome (AUR), Italy. Her research interests focus on political risk for foreign investors, South European and Latin American politics. She is the author of Political Risk: Concepts, Theories, Challenges.

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