Germany’s Roles in the Greek Economic Crisis: Impacts on the Eurozone Stability

Abstract

The article studies Germany’s roles in the Greece’s Eurozone or economic crisis heightened in 2010 affecting the European Union (EU).  The study applies neo-realism under a hypothesis that the German dual roles which are both EU economic leader status and Greece’s major creditor caused disagreements in the EU member states, as well as civil society at large.  Moreover, the strict austerity measures on Greece divide the EU cores, France and Germany regarding the solutions on Greece, in which the former preferred the softer stance towards Greece.  The dissatisfaction of citizens in both Germany and Greece might also destabilize the Eurozone as well as the EU integration path in the future.