Where does Greece, the country that would become the epicenter of the eurozone crisis, fit in this picture? It is present, but vanishingly small. Of the annual flux in cross-border funding within the eurozone between 2004 and 2006, which on average came to c. 1.8 trillion euros, Greece accounted for 33 billion euros. That is less than 2 percent, proportional to Greece’s weight in eurozone GDP.
