How the Social Impact of the Greek Crisis Is Covered in Five “Elite” International Media
Empire State College
Mass Communications and Society
How the social impact of the Greek crisis is covered in five “elite” international media
2013
BLERINA ZONJA
ELIAS ATHANASIADIS
5/2/2013
CONTENTS * Introduction…………………………………………………………………pg.3
* Chapter: How the social impact of the Greek crisis is covered in five “elite” international media ………………………………………. pg. 4
* Conclusion ………………………………………………………………….pg. 9
* Appendix …………………………………………………………………….pg. 10
* References …………………………………………………………………..pg. 27
INTRODUCTION
The Greek financial crisis surfaced in response to the crisis that hit the Euro-Zone and revealed structural weaknesses and chronic problems of the country. Although the Euro-Zone was hit by the crisis in the USA and was confronted with its own weaknesses, seems to have started to recover since late 2009. The Greek crisis however, that peaked that time, seems to have started influencing many Euro-Zone countries anew and threatening to jeopardize the whole euro project (Ghezzi, Pascual, 2011). Not only the Euro-Zone but the whole Europe or even the United States would be influenced by a Greek financial meltdown (De Grawe, 2010). Ben Bernanke (2012), chairman of the Federal Reserve, has stated that the Greek economic crisis could threaten the stability of the European and global economic system and political unity in Europe. That is what drew the attention of the foreign media which has increased significantly since 2010 regarding the condition of the Greek economy in comparison to previous years, according to the number of relative publications (ELIAMEP, 2011). The United Kingdom showed the greatest interest concerning the Greek economy as confirmed by the fact that the British media covered comprehensively the Greek crisis. The scope of this paper is to assess how the Greek financial crisis is covered in the following international media: BBC News, Al Jazeera, The Guardian, France 24 and CNN as far as
Mass Communications and Society
How the social impact of the Greek crisis is covered in five “elite” international media
2013
BLERINA ZONJA
ELIAS ATHANASIADIS
5/2/2013
CONTENTS * Introduction…………………………………………………………………pg.3
* Chapter: How the social impact of the Greek crisis is covered in five “elite” international media ………………………………………. pg. 4
* Conclusion ………………………………………………………………….pg. 9
* Appendix …………………………………………………………………….pg. 10
* References …………………………………………………………………..pg. 27
INTRODUCTION
The Greek financial crisis surfaced in response to the crisis that hit the Euro-Zone and revealed structural weaknesses and chronic problems of the country. Although the Euro-Zone was hit by the crisis in the USA and was confronted with its own weaknesses, seems to have started to recover since late 2009. The Greek crisis however, that peaked that time, seems to have started influencing many Euro-Zone countries anew and threatening to jeopardize the whole euro project (Ghezzi, Pascual, 2011). Not only the Euro-Zone but the whole Europe or even the United States would be influenced by a Greek financial meltdown (De Grawe, 2010). Ben Bernanke (2012), chairman of the Federal Reserve, has stated that the Greek economic crisis could threaten the stability of the European and global economic system and political unity in Europe. That is what drew the attention of the foreign media which has increased significantly since 2010 regarding the condition of the Greek economy in comparison to previous years, according to the number of relative publications (ELIAMEP, 2011). The United Kingdom showed the greatest interest concerning the Greek economy as confirmed by the fact that the British media covered comprehensively the Greek crisis. The scope of this paper is to assess how the Greek financial crisis is covered in the following international media: BBC News, Al Jazeera, The Guardian, France 24 and CNN as far as
References: Crisis-hit Greeks slash household heat as fuel prices rise This file photo shows typical Greek houses at the Saronic gulf island of Poros, taken from mainland Peloponese, on August 30, 2012