Abstract: The global recession which began in 2008 affected the entire world including the European economy, with some countries being influenced more than others. At the end of 2012 the Greek economy was encountering a fourth consecutive year of deep recession while pressures to cut expenses in all sectors were still growing and making headline news. Academic libraries, which are dependent upon state funding, were experiencing the consequences of constant and deep budget cutbacks during that period. After a review the literature on the impact of the eco...
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