The development of the greek economy since the euro adoption until the present

The aim of this bachelor's thesis is to evaluate the situation and the development of the Greek economy during the period 2001 to 2011 and to demonstrate that an economic development, such as Greece's during this time, should not have been repeated by any country using a market economy. The thesis is divided into four parts. The first chapter covers theory and methodology, while the following chapters contain the EMU entry, organizing of the Olympic Games, the global economic crisis and also reform steps along with EU and IMF financial rescue package. The conclusion gives a prediction of the potential future development. A more realistic view on the situation is drawn from statistical data