ΟΙ ΠΟΛΙΤΕΙΑΚΕΣ ΕΠΙΠΤΩΣΕΙΣ ΤΗΣ ΟΙΚΟΝΟΜΙΚΗΣ ΚΡΙΣΗΣ ΣΤΗΝ ΕΛΛΑΔΑ

The impact of economic crisis on the Greek State On the function of the Constitution and the justice system Ioanna Charchalaki, Attorney at Law - PhD ISBN 978-960-622-709-7 Abstract: During the financial crisis of 2009 Greece faced an impending fiscal col- lapse, that was eventually avoided by resorting to a new international Financial As- sistance Facility. This unprecedented mechanism was activated for the first time on 23.4.2010. This event and those that followed have a clear impact on the way the Greek State functions, as well as on the party and political system. The political gov- ernance of the country has been profoundly affected by the economic governance, which more or less has been co-created by complex international centers of power. The subject matter of the present book is the investigation of the financial crisis im- pact on the basic state functions: the government, the parliament and the courts. The Greek governments signed three Memoranda of Understanding over five years. This fact had two fundamental consequences: the State borrowed money at favor- able interest rates, whereas at the same time the country’s financial autonomy was limited due to the dominance of financial support agreements over government policy.The Greek parliament -aiming at enacting the necessarymeasures to stabilize the country within the timetable set by the lenders- produced a huge amount of legislation, often by stretching parliamentary procedures like never before. Finally, the courts examined a lot of rights-related cases, that were brought before them as a consequence of the restrictions set by the Memoranda, maintaining at most part a self-restrained attitude. To sum up, a brief reference is made to a possible future constitutional revision, and it is suggested that it shall not be closely related to any necessity that came up during the economic crisis. COPYRIGHT All rights reserved. No part of this publication may be reproduced, stored in a re- trievalsystem,ortransmitted, inany formorbyanymeans,withoutthepriorpermis- sion of NOMIKI BIBLIOTHIKI S.A., or as expressly permitted by law or under the terms agreed with the appropriate reprographic rights organisation. Enquiries concerning reproductionwhichmaynotbecoveredbytheaboveshouldbeaddressedtoNOMI- KI BIBLIOTHIKI S.A. at the address below. DISCLAIMER The content of this work is intended for information purposes only and should not be treated as legal advice.The publication is necessarily of a general nature; NOMIKI BIBLIOTHIKI S.A. makes no claim as to the comprehensiveness or accuracy of the information provided; Information is not offered for the purpose of providing indi- vidualized legal advice. Professional advice should therefore be sought before any action is undertaken based on this publication. Use of this work does not create an attorney-client or any other relationship between the user and NOMIKI BIBLIOTHIKI S.A. or the legal professionals contributing to this publication. 23 Mavromichali str. | 106 80 | Athens | Greece T +30 210 3678 800 | F +30 210 3678 819 www.nb.org | info@nb.org © 2019, NOMIKI BIBLIOTHIKI S.A.