Labour Market Measures in Greece 2008–13: The Crisis and Beyond

This report is an analysis of the main policy responses undertaken by Greece in order to deal with the labour market and social policy contingencies created by the need to correct the huge internal and external imbalances that the 2007–08 global economic and financial crisis laid bare. These imbalances were built over decades, but following Greece’s membership of the eurozone, they were masked by the plentiful access to credit at negative real interest rates which was afforded to both the public and private sectors.