Authors: Evangelia Balta

Title: New financial governance of the State in Greece in times of crisis

Abstract

The crisis occurring at a European level in the economic, fiscal and financial sectors has highlighted the weaknesses and gaps in the original institutional framework of the European economic governance, adding to the belief that, in order to deal directly with the crisis, the European Union needed a renewed economic governance model that would be more effective in regard with the coordination of the economic policies of the Union and the creation of a strong institutional framework to safeguard the stability in the euro area. Thus, the present study, in the first part, examines the new European economic governance, whereas in the second part it analyzes the impact of the economic crisis on the financial governance of the State in Greece.