id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
ar-14418	Schmidt, Ingo	European Capitalism: Varieties of Crisis	2010	16	.pdf	application/pdf	6539	253	52	European Capitalism: Varieties of Crisis 82 Alternate Routes: A Journal of Critical Social Research What media commentators fail to mention is that EU core countries were eager to get Greece on board the EMU to underscore the country’s strategic position and get some level of control over its merchandise fleet. Presenting experiences from a number of EU countries, this article will look at centre – periphery relations, macroeconomic imbalances and the design of the EMU as key factors that can explain why speculative attacks against an economically small country like Greece, contributing about 2.5% to the EU’s total GDP, translated into a severe crisis of European capitalism (European Central Bank 2010).	cache/ar-14418.pdf	txt/ar-14418.txt