The attitude of the European People’s Party towards the Eurozone crisis

Abstract

Since 1999, the European People’s Party has been the party with the largest majority in the European Parliament, and in the European Council since 2002. Regarding the significant presence of the European People’s Party in many of the European Union major institutions, it would be academically and politically interesting to examine its role in the Eurozone crisis. Several Eurozone Member States were incapable to serve or refinance their government debt or to bail out over-indebted banks. The attitude of the European People’s Party towards the Eurozone crisis could be considered as a very promising research topic for several academic fields because of the topic’s multi-level nature. The completion of the current study aims to add some useful insights about the Europarties’ (European People’s Party in the case) procedures and general political approaches, and how the Eurozone crisis was faced and challenged by a leading Europarty in the European Union. The ideological traits and political and party background of the European People’s Party would evaluate the Eurozone crisis from another angle, and not from a regular national party one. Last but not least, the evaluation of the attitude of the European People’s Party towards the Greek debt crisis offers some useful views on the parties’ ideological conflicts and affiliations.