Abstract

The contribution emphasizes the basic elements of the Southern European model of capitalism and its position within the eu-wide centre-periphery relations. In this sense, it is highlighted that the crisis trajectories in the South, in terms of economic de-industrialisation and institutional and structural reforms, are closely intertwined with the evolution of the eu empire and its competitive mode of integration. Eventually, however, the ongoing crisis in the South also puts some strain on the reproduction of the eu empire.