ASSESSMENTS

Greece's Crisis: Shifting from Financial to Political

Feb 28, 2012 | 13:19 GMT

Greek Communist Party members demonstrate at the Parthenon temple in Athens

LOUISA GOULIAMAKI/AFP/Getty Images

Summary

The European financial crisis centered for several years on the idea of preventing Greece from defaulting on its national debt. However, the rest of Europe has had time to prepare itself for any potential fallout from a Greek default. This is changing the dynamic between Greece and Europe even as emerging societal trends within Greece are illustrating changes in the relationship between Greece's political elite and its people. These trends will continue as the crisis transforms from a financial one to a political one.

Amid Greece's financial crisis, the dynamics between Athens and Europe could be shifting....

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