Monthly Archives: August 2017

Lessons for the eurozone from Greece’s painful crisis years – The Financial Times 7/8/2017

Articles and Op-Eds August 7, 2017 Comments

Greece is finally growing again. But it has been arguably the eurozone’s greatest failure. Catapulted into a debt crisis with a 15 per cent government spending deficit in 2009, the country suffered eight years of economic contraction. Unemployment is still 23 per cent, youth unemployment 45 per cent. Greece’s “Great Depression” has been as deep as that of the US…

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