How the European debt crisis reshaped national political space: The case of Greece

Abstract

Where some authors saw a limited impact of Europeanisation on national party politics, others proposed that in addition to the pre-existing economic left-right dimension a separate European Union dimension structures the national political space. This article looks at the Greek bail-out during the European sovereign debt crisis to examine how Europeanisation can change the national political space. The bail-out came with memoranda that set the main lines of Greek economic policy for the coming years. Accepting these policies was connected with remaining in the Eurozone. This restructured the political space: the economic and European integration form one dimension. A second relevant dimension focuses on cultural issues. The economic/European dimension is a stronger predictor of vote choice than the cultural dimension.