The Financial Iliad: The Greek Financial Crisis 2010

At the beginning of 2010, Greece is facing an enormous financial crisis. George Papandreou, a member of the Panhellenic Socialist Movement, has just been elected Prime Minister in a snap general election. The national debt has ballooned to 262 billion euros, which is 6% of Greece’s GDP. As Greece’s credit rating falls, public sector workers organize massive strikes over increased austerity measures, and the Eurozone reluctant to bail out its weakest member, this cabinet has many tough decisions to make concerning Greece’s financial future. How do we reduce national debt? How do we keep the Greek people happy? And most of all, do we want to stay in the Eurozone?


Chair | Alvaro Cordero

Alvaro is a second year majoring in foreign affairs at the University of Virginia. He is from Panama City, Panama and has participated in various MUN conferences in the US and the world during high school and has chaired both VICS and VAMUN in the past. He looks forward to meeting all of the delegates and the surely fruitful debate that will ensue.


Crisis Director | Roma Chitko

Hi, my name is Roma Chitko and I am a second year from Reston, Virginia who plans on majoring in Global Development Studies. Outside of IRO, I am involved with the Global Inquirer (UVA’s international relations podcast - which you should all definitely listen to!), and pledging Alpha Phi Omega, a national co-ed service fraternity. I am beyond excited to be Chair for The Financial Iliad: The Greek Financial Crisis 2010, and I look forward to meeting all of you!