This thesis is concerned with how people negotiate periods of socio-economic crisis and prosperity in the town of Trikala, Thessaly, central Greece. Localised understandings of the global economic crisis are analysed in relation to history, social status and concepts of time. The complex interaction between people within global and local economic networks is also emphasised. \ud \ud It is argued that certain historical periods are crucial to Trikalini conceptualisations of the current economic crisis. Specific past events significantly inform understandings of the present crisis through what is termed ‘cultural proximity’. This is the notion that previous times of social and economic turmoil, apparently distant points in time, are embodied within the context of the present. Some past epochs of prosperity and crisis have proved more significant than others in shaping contemporary crisis experience. As accounts of the Great Famine of 1941-1943 are brought to the fore by the current economic crisis, concepts of lineal time and the nationalisation of critical events must be interrogated.\ud \ud How economic crisis affects perceptions of social status, mobility and political accountability in Trikala are also explored. Such perceptions are further informed by the consequences of past local and national level crises and the uneven incorporation of capitalist trends in central Greece.\ud \ud Through the exploration of cultural economic patterns and the social significance of historical events, the impacts of economic crisis in Trikala are explored. By examining accounts of crisis in Trikala, the case is made for understanding crisis trends with global implications within the context of cultural repertoires and historical frameworks. Trikala thus becomes a microcosm through which to conceptualise the current economic crisis in Europe.\u
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