Ruby Gropas is a lecturer in international relations at the law faculty of the Democritus University of Thrace (Komotini) and research fellow at the Hellenic Foundation for European and Foreign Policy (ELIAMEP). Gropas was in residence at CDDRL in 2011 as a visiting scholar. In this seminar she will discuss the ongoing Greek economic and political crisis, and what it means for the future of the European Union and monetary system. Is the crisis in Greece ‘internal’ or is it symptomatic of a wider European failure? Is the Greek crisis the result of failed modernity, or rather a precursor of things to come? Why has Greece become so important and why has it dominated global politics and world news for the past two years? Are its malignancies purely domestic or are they representative of a wider malaise within Europe and possibly beyond? The collapse and orderly default of a eurozone country at the heart of the Western financial system arguably marks the end of an era. It has brought with it the deepest social and political crisis that modern Greecehas faced since the restoration of democracy and it has also led to Europe's deepest existential crisis. With the EU struggling to effectively managing the eurozone crisis and the burst of recent movements opposing neo-liberal orthodoxy and the “Occupy” movements – what does this mean for Europe? And what is next?