@inbook{764af5b19f294c8daa25bf3299ac3824,
title = "Greece: a crisis in two level governance",
abstract = "The {\textquoteleft}euro{\textquoteright} bailouts have moved the EU into unprecedented territory: an intervention into the domestic governance of member-states that involves conditionality and very close monitoring of government performance. No case has proved more problematic than that of Greece, with its now three {\textquoteleft}rescues{\textquoteright}. The challenge is both instrumental and normative. This chapter assesses the effectiveness of the Troika{\textquoteright}s intervention in Greece as a case of the EU{\textquoteright}s crisis management capacity. It relates this to the domestic political and institutional response, highlighting the difficulties of the two-level interaction in the context of low {\textquoteleft}quality governance{\textquoteright}. The normative implications of such intervention are immense in terms of accountability, democratic choice, and legitimacy. Greece is thus a {\textquoteleft}critical case{\textquoteright} that underscores the crisis challenges for the European project.",
keywords = "Greece, bailout, conditionality, Troika, EU, governance",
author = "K Featherstone and Dimitris Papadimitriou",
year = "2017",
month = apr,
day = "1",
language = "English",
isbn = "9781137604255",
series = "The European Union Series",
publisher = "Palgrave Macmillan Ltd",
pages = "233--253",
editor = "Dinan, {Desmond } and Nugent, {Neill } and William Paterson",
booktitle = "The European Union in Crisis",
address = "United Kingdom",
}