In 1830, Prince Otto von Wittelsbach became King of Greece, a country on the periphery of Europe that had just gained state independence. The miserable economic situation made it necessary to borrow from abroad. The lecture examines the types of creditors who advanced money to Greece and discusses the advantages and disadvantages of the various forms of credit.
Professor Dr Korinna Schönhärl is professor for modern history at the university in Paderborn (Germany). Her latest book on European Investment in Greece in the Nineteenth Century. A Behavioural Approach to Financial History was published with Routledge in 2020.