Fouka, V. and Voth, H.J., (2013), “Massacre memories: German car sales and the EZ Crisis in Greece”, VoxEU, 23 October.
The EZ crisis increased north-south conflicts between bailout providers and recipients – especially between Germany and Greece. This column shows evidence that political conflict directly translated into losses of market share for German car producers in Greece – especially in areas where German armed forces committed massacres during World War II. Six decades later, memories of conflict are never far from the surface in Europe.
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Relevant Posts
- Soros, G., (2013), “Angela Merkel’s Pyrrhic Victory”, Project Syndicate, 07 October.
- Marzinotto, B., (2013), “The euro complements Northern European economies more effectively than those in Southern Europe”, Europeans Politics and Policy Blog, 02 October.
- Delors, J., Vitorino, A. and Bertoncini, Y., (2013), “Germany and the EU: a new cycle?”, EurActiv, 30 September.