PinpointPolitics "Constructing the Eurozone Crisis: A Tale of PIIGS, Debt, and Austerity"

By Johannes Petry. "People need an interpretative framework to understand failures, give meaning to them, and perceive such moments as crises. It is the discursive construction of crises – how we make sense of a failure – that shapes how we respond to it. In this process, the most important actors are largely the media and politicians that convey their interpretation of a crisis’ causes"